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chic jewelry wholesale It is illegal to buy and sell Bitcoin by Chinese citizens.
In the "Notice on Preventing Bitcoin Risks" issued by the Bank of China on December 5, 2013: Although Bitcoin is called "currency", because it is not issued by the currency authorities, it does not have legal compensation. Sexual and mandatory currency attributes are not true currencies.
Bitcoin can be said to be a totem and belief in the currency circle. On any virtual currency investment platform, Bitcoin is indispensable. In the field, the kingdom also includes investment transactions of mainstream currencies such as Bitcoin. Due to its lack of supervision, its circulation transactions are mostly similar to the issuance and listing of securities, and there are behaviors that set up exchanges for transactions. Its transaction process and transaction results are opaque, and it is difficult to regulate when it encounters problems. Moreover, its price formation mechanism is opaque, the transaction price is ups and downs, and it is easy to cause investors to suffer huge losses.