Bitcoin (Bitcoin: Bitkin) is the earliest online virtual currency that can buy items in real life. It is characterized by decentralization, anonymous, can only be used in the digital world, does not belong to any country and financial institutions, and is not limited by regions. Essence In 2013, the US government acknowledged the legitimate status of Bitcoin, making Bitcoin prices rise sharply. In China, on November 19, 2013, a Bitcoin was equivalent to 6,989 yuan.
On January 7, 2014, Taobao issued an announcement, announcing that it will be prohibited from the sale of Internet virtual currency such as Bitcoin and Litecoin from January 14. Joe Manchin, Senator of West Virginia, issued an open letter to multiple US federal government regulators on February 26, 2014, hoping that relevant institutions can encourage illegal activities and disturb financial order on Bitcoin Pay attention to it, and require action as soon as possible to completely block the electronic currency. On January 11, 2017), the People's Bank of China Shanghai Headquarters and Shanghai Financial Office and other on -site inspections on Bitcoin China, focusing on checking whether the company conducts credit, payment, exchange and other related businesses without licenses or unlicensed licenses; anti -money laundering System implementation; hidden dangers of funds. On January 12, 2017, the central bank's business management department also settled in trading platforms such as "Huobi.com" and "Coin". From August 1, 2017, the global Bitcoin trading platform will suspend recharge and withdrawal services. Bitcoin China Digital Asset Trading Platform has stopped new user registration from September 14th, and all trading business will be stopped on September 30.
On May 10, 2020, the unit price of Bitcoin fell thousands of dollars instantly from the price of $ 9,500 within half an hour.
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