The currency circle is about the issuance, trading, speculation and all related activities of digital currency (virtual currency), as well as the participating individual users or institutions. Common digital currencies include Bitcoin, Litecoin, etc. Bitcoin is the most heard of here, and many people usually participate in the buying and selling of Bitcoin. Bitcoin was proposed by Satoshi Nakamoto in 2008, with a total number of only 21 million. Its issuance does not rely on any institution. As Bitcoin continues to be mined, the difficulty of generating Bitcoin will increase in the future, and the cost of obtaining Bitcoin may be higher than the price of Bitcoin itself.

The content of this article comes from: China Law Press "Financial Code of the People's Republic of China: Applied Edition"