However, it is illegal to use virtual currency to engage in illegal activities, engage in securities, futures and insurance business without the approval of the relevant competent departments of the state, or illegally engage in fund payment and settlement business. The object of this crime should be market order. In order to ensure that the sale of goods and the import and export market of goods are restricted, the state implements the system of goods business license.

Illegal acts are also called "invalid acts". An illegal act. Acts that violate the law. Different from the objective illegal behavior, the actor is subjectively at fault when carrying out the behavior, thus infringing on the social relations protected by law. Subjective fault refers to the subjective state of intention or negligence. According to the nature of illegality, illegal acts can be divided into criminal violations, civil violations, economic violations and administrative violations. According to the degree of harm to society, illegal acts can be divided into general illegal acts and serious illegal acts (crimes).

The concept of illegality has broad and narrow meanings. In a broad sense, illegality refers to all acts that violate the existing laws, including general illegal acts and criminal acts. In a narrow sense, illegality refers to a serious violation of the law but does not constitute a crime. What we are discussing here is illegality in a broad sense.

The connection between illegality and crime is that crime must be illegal, and illegality is not necessarily a crime. The difference is that the degree of social harm of crime is more serious than that of illegal behavior. Most criminal acts bear criminal responsibility, while illegal acts bear administrative or civil responsibility.

There is a difference between illegal behavior and other behaviors. First of all, illegal behavior is different from immoral behavior. Many illegal acts are both criminal and immoral. However, not all illegal acts are immoral. Similarly, some immoral acts do not constitute illegal acts. Secondly, illegal acts are different from legally invalid acts. Of course, an illegal act can't produce the effective result that the perpetrator hoped when he committed the illegal act. However, it cannot be considered that all legally invalid acts are illegal. Although some legally invalid acts have no legal effect, they do not constitute illegality.

legal ground

People's Republic of China (PRC) China Banking Act

Article 12 The People's Bank of China shall set up a monetary policy committee. The responsibilities, composition and working procedures of the Monetary Policy Committee shall be formulated by the State Council and reported to the NPC Standing Committee for the record.

The Monetary Policy Committee of the People's Bank of China should play an important role in the national macro-control and the formulation and adjustment of monetary policy.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.