wholesale silver and gemstone jewelry Virtual currency is legal

top jewelry wholesalers Legal analysis: Virtual currency is legal in China, but it is illegal to use virtual currency to engage in illegal activities. Bitcoin is defined as a special Internet product in China. At this stage, financial institutions shall not provide Bitcoin -related products or services. Bitcoin cannot be used as currency. Bitcoin is not issued by the currency authorities. It does not have currency attributes such as legal and mandatoryness, and it is not a true currency.
The legal basis: Article 8 of the "People's Republic of China" in Article 8 of the Civil Aponement of the People's Republic of China shall not violate the law, and must not violate public order and customs.