wholesale jewelry for retail Which virtual currency allowed to issue virtual currencies in China

wholesale jewelry for retail Which virtual currency allowed to issue virtual currencies in China

1 thought on “wholesale jewelry for retail Which virtual currency allowed to issue virtual currencies in China”

  1. private label jewelry wholesalers my country's only legal virtual currency is a central bank digital currency issued by the People's Bank of China. The central bank's digital RMB is different from the virtual currency such as Bitcoin, which is familiar with everyone. It cannot conduct trading transactions. The central bank's digital currency belongs to the statutory currency in the digital form controlled by the central bank. It is not a new currency, but the electronic version of RMB. /EP. The central bank's digital currency is a digital form of RMB. It has the same function as banknotes. Compared with banknotes, digital currencies are invisible money.

    It virtual currencies
    Ip virtual currency refers to non -real currency. There are four main categories of virtual currencies on the market: 1. Gaming coins developed by game operators for players in online games as trading mediums; 2. issued by portals or instant communication tools for this operation network space Special virtual currencies used; 3. Interactive virtual currency that can be used in the main body of virtual currency issuance, but also can purchase goods and services from non -issuance entities; 4. Based on cryptography and modern network P2P technology, through complex mathematical algorithms Special electronic, digital network password coins.

    In the notice and announcement issued by the People's Bank of China and other departments, virtual currency is not issued by the currency authorities, does not have legal claims and mandatory currency attributes. The legal status of equivalent currencies should not be used as currency in the market, and citizen investment and transaction virtual currencies should not be protected by law.

    The network virtual currency can be roughly divided into:

    The first category is the familiar game currency. In the era of stand -alone games, the protagonist accumulate currency by defeating the enemy and winning money in the gambling hall. It can only be used in their own game consoles. At that time, there was no "market" between players. Since the establishment of a portal, community, and game networking on the Internet, virtual currency has a "financial market", and players can trade game coins.

    The second category is a dedicated currency issued by the portal or instant messaging tool service provider for the purchase of services on this website. The most widely used is Tencent's Q coins, which can be used to buy value -added services such as membership qualifications and QQ shows.

    It virtual currencies on the third type of Internet, such as Bitcoin (BTC), Litt currency (LTC), etc. Bitcoin is an electronic currency generated by open source P2P software. The coin is translated as "Bit gold", which is a network virtual currency. It is mainly used for Internet financial investment, or it can also be used as new currency directly in life.

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