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learning jewelry wholesale Bitcoin and other digital currencies are prohibited in China in China, so do not be deceived. Buying is equivalent to assets without legal protection
In China, the Renminbi Management Regulations stipulate that the production and sale of token tickets are prohibited. Because the definition of token tickets does not have a clear judicial interpretation, if Bitcoin is included in the "tokens", Bitcoin's legal prospects in China are facing uncertainty.
On December 5, 2013, "Notice of the China Securities Regulatory Commission of the China Securities Regulatory Commission of the Ministry of Industry and Information Technology of the Ministry of Industry and Information Technology of the People's Bank of China on the China Insurance Supervision and Administration Commission on the Prevention of Bitcoin Risk": Bitcoin is a specific kind of Virtual commodities; Bitcoin transactions, as a kind of commodity sale on the Internet, ordinary people have the freedom of participation under their own risk.
On September 4, 2017, the "Announcement of the People's Bank of China Central Internet Information Office Industry and Information Technology of the Ministry of Industry and Information Technology's Industry and Commerce CSRC's CSRC on the prevention of token issuance financing risks": prohibited from engaging in token issuance financing activities (ICO) ; The trading platform shall not engage in the exchange business between the legal currency and the token and the "virtual currency". Information intermediaries and other services.