Why doesn't China take the initiative to build a fully compliant virtual currency exchange?
Question
Fear of anonymization: KYC certification is possible
Fear of the exchange running away: independent custody + independent settlement + independent trading is possible
Fear of capital outflow: You can bind a personal foreign exchange quota of 50,000 US dollars (that is, the amount of withdrawal and recharge of virtual currency is calculated based on the foreign exchange quota). RMB funds refer to the big A bank-securities method.
From this, you can get transaction income tax and block the black and gray production channels. Stimulate the vitality of domestic funds and seize the financial anchoring rules for the next few decades. In line with the plan proposed by the Central Economic Conference: Building a Financial Power
The focus is on the following points
Then T+1, plus no shorting, plus no leverage. Anonymous coins are not allowed to be traded on exchanges, and no recharges and withdrawals are allowed. Is there such a currency circle?
Of course there is, his name has been changed to big A.
Once
We account for more than 90% of the global mining power
We have the top three exchanges in the world
We have the largest group of Bitcoin holders in the world
Now
Mining disappeared, exchanges left
Trading was even treated as a crime
The US SEC approved the BTC ETF
It means that BTC has entered the global capital market as a formal asset
In less than 5 years, we lost the only opportunity to lead the United States in the financial field
People's Daily once published an article when BTC was 800 US dollars, saying that BTC would eventually return to zero and A-shares 3000 points were as solid as a rock. Now BTC is 60,000 US dollars, and the A-share market once fell below 2800 points.
