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wholesale iron maiden jewelry Virtual currency is not protected by law
In September 2017, under the framework of the special rectification work of Internet financial risks, seven departments such as the People's Bank of China jointly issued the "Announcement on Preventing the Issuance of tokens" to clarify virtual currency transactions and tokens Issuing financing platforms are suspected of illegally issuing securities and illegal fundraising, and guiding the local area to centrally ban 173 platforms. Since then, it has maintained a high -pressure situation of supervision and cumulatively retreating 38 new platforms. The regulatory authorities have already made it clear that any individual or exchanges that provide virtual currency transactions to Chinese residents are suspected of carrying out illegal financial activities. However, many individuals or "exchanges" are still risking and provide virtual currency trading services. At present, my country ’s Ming order prohibits the trading platform from engaging in the exchange business of fiat currency and virtual currency, buying and selling, or serving as a central opponent to buy and sell virtual currencies, and provide pricing and information intermediaries for virtual currencies. Diplomats are also applicable.
The legal basis
"Announcement on Preventing tokens Issuance financing risks" Article 1 to accurately understand the essential attributes of token issuance financing activities
tokens issuing financing refers to The sale and circulation of violations, raising the so -called "virtual currency" such as Bitcoin and Ethereum to investors is essentially an act of illegal public financing without approval. Illegal and criminal activities such as financial fraud and MLM. Relevant departments will closely monitor relevant dynamics, strengthen work coordinated with the judicial department and local governments, in accordance with the current working mechanism, strictly law enforcement, and resolutely govern the market chaos. The suspected crime is found to be transferred to the judicial organs.
The tokens or "virtual currency" used in the issuance of tokens and financing in the issuance of tokens cannot be issued by the currency authorities. Use in the market.