wholesale gold jewelry charms Do you want a state permit for virtual currency? What are the current regulations?

wholesale gold jewelry charms

1 thought on “wholesale gold jewelry charms Do you want a state permit for virtual currency? What are the current regulations?”

  1. wholesale jewelry pillows No, but don't do illegal things.
    The "Notice" clarifies the nature of Bitcoin. It is believed that 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. In terms of nature, Bitcoin is a specific virtual commodity. It does not have the legal status as currency and cannot be used as currency in the market. However, as a commodity sale on the Internet, Bitcoin transactions have the freedom of participation under the premise of self -risk.

    The "Notice" requires that at this stage, all financial institutions and payment institutions shall not be priced by Bitcoin as a product or service, shall not buy or sell Bitcoin as a central opponent. Business may include Bitcoin into the scope of insurance liability, and shall not directly or indirectly provide customers with other services related to Bitcoin, including: provide customers with Bitcoin registration, transaction, liquidation, settlement and other services; accept Bitcoin or Bitcoin as a Payment settlement tools; carry out exchange services for Bitcoin and RMB and foreign currency; carry out Bitcoin storage, custody, mortgage and other businesses; issuance of financial products related to Bitcoin; investment targets for investment in trusts, funds and other investment.

    The "Notice" stipulates that as the Bitcoin Internet website of the major Bitcoin trading platform, in accordance with the provisions of the "Telecom Regulations of the People's Republic of China" and the "Administrative Measures for Internet Information Service", in accordance with the law Record. At the same time, in response to the high risk of money laundering and the risks used by criminals, the "Notice" requires relevant agencies to fulfill the statutory anti -money laundering in accordance with the requirements of the "Anti -Money Laundering Law of the People's Republic of China", and effectively fulfill the customer identity recognition and suspicious transaction reports. Obligations, effectively prevent the risk of money laundering related to Bitcoin.

    In order to avoid excessive hype from the name of "virtual currency" such as "virtual currency" such as Bitcoin and other virtual commodities, damage the status of public interests and the status of RMB, the "Notice" requires financial institutions and payment institutions Use the concept of currency correctly, focus on strengthening the education of public currency knowledge, and incorporate the concepts of correct understanding of currency, correctly looking at virtual commodities and virtual currencies, rational investment, reasonable control of investment risks, and maintaining their own property security. Guide the public to establish the correct concept of currency and investment.

    In in the future, the People's Bank of China will continue to pay close attention to the dynamics and risks of Bitcoin based on their own responsibilities. (Finish)

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