sterling silver wholesale jewelry Is it illegal to promote virtual currency?

sterling silver wholesale jewelry

1 thought on “sterling silver wholesale jewelry Is it illegal to promote virtual currency?”

  1. fashion jewelry wholesale liquidation Legal analysis: The sale of virtual currencies is not illegal. It is legal to sell virtual currencies and virtual currencies in China. However, it is illegal to use virtual currencies to engage in illegal activities. Fund payment settlement business is illegal operation.
    The legal basis: "The Criminal Law of the People's Republic of China"
    It 170 forged currencies shall be sentenced to imprisonment of more than three years and less than ten years, and a fine; if there is one of the following circumstances, the office is ten A period of imprisonment or life imprisonment above the year, and fined or confiscated property:
    (1) the primary molecules of fake currency groups;
    (2) falsifying the amount of money is particularly huge;
    (3) There are other particularly serious plots.
    171 Sale, purchase forgery currency or know that it is a fake currency, and the amount is large. The following fines; the huge amount is in prison for three years and less than ten years, and the fines of 50,000 yuan or more than 500,000 yuan; the amount of the amount is particularly huge. The above 500,000 yuan is fined or the property is confiscated. The staff of the bank or other financial institutions purchase forged currencies or use the convenience of their positions to exchange for the currency for the currency, and they will be imprisoned for more than three years, or less than 20,000 yuan or less. Those who have a huge amount or other serious circumstances are sentenced to more than ten years in prison or life imprisonment, and shall be fined or confiscated by 20,000 yuan or more than 200,000 yuan. Power or less than 100,000 yuan or less than 100,000 yuan
    The currency that forged and sold or transports forgery, in accordance with the provisions of Article 170 of the Law, concluded from the penalty.

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