In addition, the blockchain service provider in China will be responsible for maintaining a six-month record of all content on the platform, which will be regularly checked by the Internet Information Office in the specific area where the blockchain company is located. These governing bodies are directly controlled by the central government of China. Any company found to have violated these new regulations will be fined or even prosecuted.
Ethereum is the digital token of Ethereum, which is regarded as Bitcoin version 2.0. Using Ethereum, a blockchain technology different from Bitcoin, developers need to pay Ethereum to support the operation of the application. Ethereum is very popular in digital currency at present, and more and more people join the ranks of mining. However, due to the increasing uncertainty in digital currency, it has attracted the attention of banks.
Ethereum (English) is an open source public blockchain platform with intelligent contract function, which provides a decentralized Ethereum virtual machine to process peer-to-peer contracts through its dedicated cryptocurrency Ethernet.
The concept of Ethereum was first put forward by programmer Vitalik Buterin from 20 13 to 20 14, which means "the next generation cryptocurrency and decentralized application platform", and it began to develop through ICO crowdfunding in 20 14.
As of 2065438+February 2008, Ethereum is the second highest cryptocurrency in market value, second only to Bitcoin.
Legal basis:
Announcement of China Internet Finance Association, China Banking Association and China Payment and Clearing Association on Preventing the Speculation Risk of Virtual Currency Trading.
First, correctly understand the essential attributes and related business activities of virtual currency.
Virtual currency is a specific virtual commodity, which is not issued by the monetary authorities, has no monetary attributes such as legal compensation and coercion, is not a real currency, and should not and cannot be circulated in the market as currency.
Carry out legal tender and virtual currency exchange, virtual currency exchange business, buy and sell virtual currency as a central counterparty, provide information intermediary and pricing services for virtual currency transactions, token issuance financing and virtual currency derivatives transactions, and violate relevant laws and regulations, suspected of illegal fund-raising, illegal issuance of securities, illegal sale of token tickets and other criminal activities.