1 thought on “jewelry wholesale fantasy Is the virtual currency legal in China?”
Sherman
30 cents wholesale jewelry Legal analysis: Virtual currency is legal in China, but it is illegal to use virtual currency to engage in illegal activities. Bitcoin is defined as a special Internet product in China. At this stage, financial institutions shall not provide Bitcoin -related products or services. Bitcoin cannot be used as currency. Congzhan coins such as Ritai and Litecoin are also applicable. Legal basis: Organization and leaders of Article 224 of the Criminal Law of the People's Republic of China, under the name of selling goods and providing services, and requiring participants to pay fees or purchase goods, services, etc. Get the qualifications and form a level in accordance with a certain order, directly or indirectly use the number of developers as the basis of pay or rebate, to seduce and coer the participants to continue developing others to participate, deceive the property, and disrupt economic and social order. The following imprisonment or detention and a fine; if the circumstances are serious, they will be sentenced to more than five years in prison and a fine.
30 cents wholesale jewelry Legal analysis: Virtual currency is legal in China, but it is illegal to use virtual currency to engage in illegal activities. Bitcoin is defined as a special Internet product in China. At this stage, financial institutions shall not provide Bitcoin -related products or services. Bitcoin cannot be used as currency. Congzhan coins such as Ritai and Litecoin are also applicable.
Legal basis: Organization and leaders of Article 224 of the Criminal Law of the People's Republic of China, under the name of selling goods and providing services, and requiring participants to pay fees or purchase goods, services, etc. Get the qualifications and form a level in accordance with a certain order, directly or indirectly use the number of developers as the basis of pay or rebate, to seduce and coer the participants to continue developing others to participate, deceive the property, and disrupt economic and social order. The following imprisonment or detention and a fine; if the circumstances are serious, they will be sentenced to more than five years in prison and a fine.