1 thought on “wholesale 9k jewelry Is Bitcoin trading legal in China?”
Beverly
cheap costume jewelry wholesale uk "Bitcoin is illegal in China, and China has no law to protect Bitcoin transactions. Bitcoin is not a legal currency issued by Bank of China. It belongs to virtual digital currency. Although China does not make clear legal basis that Bitcoin is legal or illegal, Chinese laws and regulations It does not support Bitcoin public transactions. " The provisions of the" Notice on Preventing Bitcoin Risks "issued by the Bank of China on December 5, 2013: The Bitcoin has a centralized issuer and a limited total amount of total amount and limited amount of total amount. , Use four main characteristics such as regional restrictions and anonymity. Although Bitcoin is called "currency", because it 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 should be a specific virtual commodity. It does not have the same legal status as currency, and cannot be used as currency in the market. The "Civil Code" Article 680 prohibits high -profit lending, and the interest rate of borrowing shall not violate relevant national regulations. If the loan contract does not agree to pay interest, it is deemed that there is no interest. If the borrowing contract is not clear about the interest in paying, and the parties cannot reach supplementary agreements, they will determine interest in accordance with the local or parties' trading methods, trading habits, and market interest rates; borrowing between natural persons is deemed to have no interest. has no relevant laws. my country just calls to stop Bitcoin on -site transactions, and it is not announced that it is illegal to hold and overseas transactions. The root cause of Bitcoin is the root cause of liberals represented by Satoshi Nakamoto to seek a transaction method that is not bound by the central banking system. These people look forward to a currency system with higher freedom. Digital assets can be used as delivery objects. But in accordance with domestic laws and regulations, Bitcoin does not have monetary functions, but this does not prevent it from being a digital asset and can be used as the object of delivery. China has never had a policy of "Bitcoin illegal". Kong Jianping said: "Mainland China policy, generally supports technological innovation and prevent financial risks. In 2013, the five ministries and commissions documents said that Bitcoin is a virtual commodity. There is no policy like "Bitcoin illegal". The seven ministries and commissions in 2017 have nothing to do with Bitcoin. We found that in 2017, everyone saw that many leaders of the central bank said that they were supervised by digital currency. There are only two words that appear in all the speech, "research", not "supervision", and the changes are very large. At the same time, the Development and Reform Commission also included the digital currency mining of the "elimination category". " The attitude of the government in 2013: Bitcoin belongs to the private virtual assets of users, then it actually means that it is protected by law and can be reflected in the actual cases of our country: In 2018, the Chinese courts recently ordered a company to repay the stolen cryptocurrency in civil disputes, setting a precedent for cryptocurrency -related differences. The court in Shenzhen also actually confirms that cryptocurrencies have economic value. of course, the platform for buying Bitcoin is also very important, because this is a early market that is relatively unsure or has no license. You must choose an exchange with a high degree of internationalization, because these transactions also mean these transactions After verification of foreign users and regulations, it is recommended to buy a head exchange like CICC ZB to prevent their own funds from losing their funds.
cheap costume jewelry wholesale uk "Bitcoin is illegal in China, and China has no law to protect Bitcoin transactions. Bitcoin is not a legal currency issued by Bank of China. It belongs to virtual digital currency. Although China does not make clear legal basis that Bitcoin is legal or illegal, Chinese laws and regulations It does not support Bitcoin public transactions. "
The provisions of the" Notice on Preventing Bitcoin Risks "issued by the Bank of China on December 5, 2013:
The Bitcoin has a centralized issuer and a limited total amount of total amount and limited amount of total amount. , Use four main characteristics such as regional restrictions and anonymity. Although Bitcoin is called "currency", because it 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 should be a specific virtual commodity. It does not have the same legal status as currency, and cannot be used as currency in the market.
The "Civil Code" Article 680 prohibits high -profit lending, and the interest rate of borrowing shall not violate relevant national regulations. If the loan contract does not agree to pay interest, it is deemed that there is no interest. If the borrowing contract is not clear about the interest in paying, and the parties cannot reach supplementary agreements, they will determine interest in accordance with the local or parties' trading methods, trading habits, and market interest rates; borrowing between natural persons is deemed to have no interest.
has no relevant laws. my country just calls to stop Bitcoin on -site transactions, and it is not announced that it is illegal to hold and overseas transactions. The root cause of Bitcoin is the root cause of liberals represented by Satoshi Nakamoto to seek a transaction method that is not bound by the central banking system. These people look forward to a currency system with higher freedom. Digital assets can be used as delivery objects.
But in accordance with domestic laws and regulations, Bitcoin does not have monetary functions, but this does not prevent it from being a digital asset and can be used as the object of delivery. China has never had a policy of "Bitcoin illegal".
Kong Jianping said: "Mainland China policy, generally supports technological innovation and prevent financial risks. In 2013, the five ministries and commissions documents said that Bitcoin is a virtual commodity. There is no policy like "Bitcoin illegal". The seven ministries and commissions in 2017 have nothing to do with Bitcoin. We found that in 2017, everyone saw that many leaders of the central bank said that they were supervised by digital currency. There are only two words that appear in all the speech, "research", not "supervision", and the changes are very large. At the same time, the Development and Reform Commission also included the digital currency mining of the "elimination category". "
The attitude of the government in 2013: Bitcoin belongs to the private virtual assets of users, then it actually means that it is protected by law and can be reflected in the actual cases of our country: In 2018, the Chinese courts recently ordered a company to repay the stolen cryptocurrency in civil disputes, setting a precedent for cryptocurrency -related differences. The court in Shenzhen also actually confirms that cryptocurrencies have economic value.
of course, the platform for buying Bitcoin is also very important, because this is a early market that is relatively unsure or has no license. You must choose an exchange with a high degree of internationalization, because these transactions also mean these transactions After verification of foreign users and regulations, it is recommended to buy a head exchange like CICC ZB to prevent their own funds from losing their funds.