Is it legal for virtual currency transactions to cash in and evade taxes in bank of tianjin?
It is illegal to cash in and evade taxes on virtual currency transactions in bank of tianjin. Virtual currency does not have the same legal status as legal tender. For example, virtual currencies such as Bitcoin, Ethereum, and TEDA do not have legal compensation, and should not and cannot be circulated in the market as currency. It is illegal to carry out legal tender and virtual currency exchange business, virtual currency exchange business, buying and selling virtual currency as a central counterparty, providing information intermediary and pricing services for virtual currency transactions, issuing tokens and financing, and trading virtual currency derivatives. Suspected of illegally selling token certificates, publicly issuing securities without authorization, illegally operating futures business, illegally raising funds, etc. If a crime is constituted, criminal responsibility shall be investigated according to law.