wholesale jewelry supplies philippines Is Bitcoin legal?

wholesale jewelry supplies philippines

2 thoughts on “wholesale jewelry supplies philippines Is Bitcoin legal?”

  1. genuine gold jewelry wholesalers Whether Bitcoin is legal depends on the attitude of the monetary authorities of various countries.
    The further development of Bitcoin may threaten the interests of traditional currencies, and currency issuers will not give their rights to an open source algorithm of P2P. Therefore, governments of various countries are likely to announce illegal Bitcoin.
    Once the governments of various countries announce their illegal, they may have great fluctuations in their prices in the short term. It may be a collapse or a skyrocketing. Because people at the bottom of various countries obviously have conflicts with their government. At the same time, the government's ban will cause the Bitcoin trading platform to close. After the transaction platform is closed, Bitcoin can only be realized in private, and it will have a great blow to its ability to fulfill it.
    But due to the characteristics of Bitcoin itself, it provides officials with officials with bribery, money laundering, and transferring assets to overseas assets. Especially under the general trend of public property of officials from various countries, Bitcoin provides a good way to hold huge amounts of huge amounts of property.
    From this perspective, some officials may actively promote the legalization of Bitcoin.
    or incorporated in supervision
    In May 7, 2013, Beijing time, officials of the American Commodity Futures Trading Commission (referred to as "CFTC") said that they are considering whether the online virtual currency "Bitcoin" is applicable to the regulations of the agency for the regulations of the agency Essence CFTC is the highest regulatory agency in the US derivative industry. Bitcoin is hailed as currency independent of traditional authority, and if the supervision of it increases, it may bring challenges to Bitcoin supporters.
    CFTC's main regulatory derivative contracts, their duties have been greatly expanded after the financial crisis from 2007 to 2009, as well as comprehensive power of regulating retail foreign exchange traders.
    , as one of the five members of the CFTC, Bart Chilton said on Monday that the committee has asked the committee to consider the supervision of Bitcoin to determine whether consumers need additional protection when using Bitcoin. [15]
    The Hong Kong government has approved the GBL electronic currency trading center to operate the virtual currency exchange business, which will be an important milestone for Bitcoin development. The GBL virtual electronic currency trading center has completed the change of equity and has the business scope of the virtual electronic currency exchange business.

  2. wholesale gold jewelry companies Bitcoin is not a real currency. It does not represent certain value as banknotes and coins. At the beginning, the US government was worried that Bitcoin might have an impact on the financial market, because it only needs to be managed and controlled by formulating the corresponding bill. Compared to the "free US dollar" that appeared, the latter is a circulating currency that appears between 1998 and 2009, and its creator Bernard Bernard (Bernard
    VON
    NOTHAUS) was also guilty of being convicted for its own manufacturing, possession and sales currency in 2011.
    But recently, at the U.S. Senate's Land Security and Government Affairs Committee held a hearing on Bitcoin, a number of US government officials attended a message -Bitcoin was not an illegal currency and could bring the financial system to bring The benefits, although there are also cases that have been wrong.

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