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1 thought on “wholesale chains for jewelry making Does Xiaomi Guoxin digital currency issuance have been reviewed and approved by the relevant regulatory authorities?”
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gypsy wholesale jewelry SummarynIt is legal that China has no virtual digital currency at present.n1. Digital currency ICO is illegal in ChinanIn September 2017, the central bank issued an announcement on preventing token issuance financing risks. The formal qualitative ICO is an illegal financing behavior without approval, and no organization or individual may participate.nLater, on April 23, 2018, it was announced that all the digital currency ICO platforms have all withdrawn from the Chinese market, so ICO is currently illegal in China.n2. Digital currency exchanges are banned in ChinanAfter announcing illegal financing of ICO, the central bank also listed services such as transactions, redeeming, pricing, information intermediaries such as transactions, such as virtual currency, which means that the digital currency exchanges are currently illegal in China.nIncluding Bitcoin China, OKCION, Huobi and other trading platforms have announced the suspension of RMB recharge business in 2018, successively closed the trading platform, and as of April 2018, all digital currency exchanges have completely withdrawn from the Chinese market.n3. The central bank has not issued legal digital currencynSo far, the central bank has not issued legal digital currencies. If you are recommended to buy a digital currency with "central bank authorization or distribution", it must be a liar platform.nConsultation record · Answer at 2021-09-27 Is the issuance of digital currencies of Xiaomi Guoxin? It is approved by the relevant regulatory authorities? It is legal to have no virtual digital currency at present. I. Digital currency ICOs are illegal in China. In September 2017, the central bank issued an announcement on preventing tokens' financing risks. The formal qualitative ICO is an illegal financing behavior without approval, and no organization or individual may participate. Later, on April 23, 2018, it was announced that all the digital currency ICO platforms have all withdrawn from the Chinese market, so ICO is currently illegal in China. 2. Digital currency exchanges are banned in China. After the announcement of ICO is illegal financing, the central bank also listed services such as transactions, exchange, pricing, and information intermediaries for virtual currency. China is currently illegal. Including Bitcoin China, OKCION, Huobi and other trading platforms have announced the suspension of RMB recharge business in 2018, successively closed the trading platform, and as of April 2018, all digital currency exchanges have completely withdrawn from the Chinese market. Third, the central bank has not issued legal digital currencies so far, the central bank has not issued legal digital currencies. If you are recommended to purchase a digital currency with "centralized or issued", it must be a liar platform.