The appearance of virtual currencies is inseparable from trading, which will brings about price differences.
The blockchain sector keeps hot. Virtual currencies have developed over the past few years and Bitcoin’s great success has now formed a large market. In fact, there are more than 1,300 types of virtual currencies in the world. The currency recognized by the public on the market has also tended to a stable state. Although Bitcoin is still the leader in the TOP throne, there are many other virtual currencies that have also shown a hot trend.
The People's Bank of China wants to tighten up the regulation and management of virtual currencies in online games to prevent virtual currencies from impacting the real economic and financial order. It is necessary to strictly limit the total amount of virtual currency issued by online game business units and the purchase amount of individual online game consumers; strictly distinguish between virtual transactions and physical transactions in e-commerce. Virtual currency issued by online game business units cannot be used to purchase physical products. It can be used to purchase virtual products and services such as online games provided by itself.
But no matter which side is correct, as a virtual currency, its existence form has an irreconcilable conflict with the legal sovereign currency of various countries. In addition, the current leading bitcoin price plummets, and it will eventually inevitably end in decline. The editor of Juhui Foreign Exchange thinks that instead of going on a hopeless road, it is better to choose a reliable investment method.
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