wholesale jewelry in bali Is virtual currency withdrawal illegal?

wholesale jewelry in bali Is virtual currency withdrawal illegal?

1 thought on “wholesale jewelry in bali Is virtual currency withdrawal illegal?”

  1. wholesale vs retail price jewelry Virtual currency withdrawal is not illegal.
    Stmit currency does not have the nature of currency, but a commodity. The essence of the withdrawal of withdrawal is to re -trade the goods to the operator, and the commodity transaction is free, so the operator can completely refuse, unless there is a contract to agreed in advance that it must be repurchased. Virtual currencies are legal in China, but it is illegal to use virtual currencies to engage in illegal activities.
    If according to the notice and announcement issued by the People's Bank of China and other departments, virtual currency is not issued by the currency authorities, does not have legal and mandatory currency attributes, and is not a real currency. In terms of status, it should not be used as a currency in the market. Citizen investment and transaction virtual currency are not protected by law.
    The virtual currency on the market mainly includes the following four categories:
    1. Models developed by game operators for players used in online games as trading medium;
    2, from the portal website or the portal website or the portal website or The distribution of instant communication tools for the dedicated virtual currency used in the operation of this operation network;
    3, can be used in the virtual currency issuance entity, and can also purchase interactive virtual currencies for products and services from non -issuance entities; r;
    4. Based on cryptography and modern network P2P technology, it is produced by complex mathematical algorithms, special electronic, digital network cryptographic coins.

    The legal basis
    "The Criminal Law of the People's Republic of China"
    Article 151 [Smount weapons, ammunition crimes] [Smouned nuclear materials] For weapons, ammunition, nuclear materials or forged currencies, it is imprisoned for more than seven years, and fined or confiscated property; if the circumstances are particularly serious, they will be in prison and confiscate the property; There is a period of imprisonment and a fine.
    [Crime of smuggling cultural relics] [Smuggling precious metal crimes] [Smuggling precious animals, precious animal products crimes] Smuggling the country's cultural relics, gold, silver and other valuable metals or the country's precious animals and their products For more than five years and less than ten years, and the fines are punished; if the circumstances are particularly serious, they will be sentenced to more than ten years in prison or life imprisonment, and the property is confiscated; gold.
    [Crime of smuggling the country for the prohibition of imports and exports of imports and exports] Smuggling rare plants and other countries such as the prohibiting imports and exports such as imports and exports will be imprisoned or detained for less than five years, and a fine of fines or single fines; If the circumstances are severe, they are sentenced to more than five years in prison and fined.
    For the crime stipulated in this article, the unit is punished by the unit, and the person in charge and other direct responsible persons who are directly responsible for them shall be punished in accordance with the provisions of this article.

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