企查查行政处罚信息怎么删除WuChanghai,deputydeanoftheInstituteofCapitalandFinanceattheChinaUniversityofPoliticalScienceandLaw,toldChinaYouthDailyonlinethatthedevelopmentofothertokenshasgrownintandemwithbitcoin,includingbusinessesandindividualsusingthecryptocurrencytofinancebusinessesandprojects.Therefore,variousothertokensarecorrelatedwithBitcoin,andthetradingpricetrendofBitcoinisconsistentwiththeincreaseanddecreaseofthetradingpriceofothertokens.


    Taketheabove"dogmoney"asanexample,therearemanyfactorsthatconstituteitspricechange.ThepricetrendofBitcoin,thepeoplewhoinvestin"dogmoney"andotherfactorsmayaffectitspricechange.Inthereal"coincircle",themostobviousimpactandthemostcontroversial,maybethetransactionlinkofvirtualcurrency.


    OntheeveningofJanuary14thETH/USDT(EthereumandTeta)onOKEx,anotherdigitalassetexchange,placedhugeordersatultra-lowprices,withETHsellingquicklyregardlessofcost.Inresponse,OKExsaidthattheextremelylowpriceandhugetransactionorderswerecausedbyausersellingalargenumberofETHthroughthemarketorderfivetimesinarowwithin12minutes.


    ButinPang'sview,suchacarelessETHtransactionpriceerrorprobabilityislow.Shebelievesthatbehindsuchcasescouldbeamovebytheindustrytoincreaseliquidityandpricesinsomecurrencies.


    Infact,anumberofexchangeshaverecentlyintroducedTaiwandollarsaimedatincreasingliquidityanduserstickiness.OntheeveningofJanuary20,HuobiAnnouncedthelaunchofitsownplatformtoken,Huobi


    Token,withinminutes,OKExisabouttolaunchOKBandbuildOKBintoanimportantpartoftheOKExecosystem.TogetherwiththeBNBbank,thethreemainplatformsinChina'scurrencyringhavebeenissuedwithequivalentTaiwandollars.


    AccordingtoDeng,virtuallynodatafromtheworld'smajorvirtualcurrencyexchangeshavebeenlinkedtofinancialregulators,soitisdifficulttoprovethatallsuchtransactionshavenotteamedupwithtoken"bigminers"todriveuppricesorinsidertrading.


    Andwiththepriceofmanyvirtualcurrenciessoaring,manyinvestorsaremorelikelytoworryaboutartificialpricegouging."Thisfearisjustifiedandpossible,astherehavealreadybeen[virtualcurrency]exchangesinJapanthathavebeenfoundusingrobotstobuyandsellthemselvesandunilaterallyraiseprices."DengJianpengsaid.


    Futureregulatoryoptions


    Awareoftheinvestmentriskslurkinginthe"speculationboom",regulatorshaverecentlymadeanumberofmoves,eitherwithexplicitdemandsorwithwarningsabouttherisks.


    BankingmanagementdepartmentofthePeople'sBankofChinahasissuedtheimplementationofvirtualcurrencytradingisillegaltoprovidepaymentservicescomprehensiverectificationworknotice(hereinafterreferredtoasthe"notices"),requirepaymentinstitutionswithinitsjurisdictiontocarryoutthecomprehensiverectificationwork,itisstrictlyprohibitedtoprovideserviceforvirtualcurrencytrading,andtakemeasurestopreventthetransactionchannelusedforvirtualcurrencytrading.


    OnJanuary12,theInternetFinanceAssociationofChinaissuedanoticeentitled"RiskTipsonPreventingDisguisedICOActivities"(hereinafterreferredtoas"Tips"),callingonconsumersandinvestorstounderstandthenatureofrelevantmodels,enhanceriskpreventionawareness,makerationalinvestment,andavoidblindlyfollowingthehype.Thereminderalsonamedxunleigroup'sdigitalcurrency"Linke"(formerly"playcoin"),sayingthatit"replacesthelegaltenderpaymentobligationofcontributingservicestoparticipantsandisessentiallyafinancingact,akindofICOindisguise".


    Suningfinancialinstitute,aseniorresearcherathongshuningbelievesthat"therectificationnotice"isnotactuallyupdatedcontent,althoughcausesomeinconveniencetothevirtualcurrencytradefair,buthasalsobeenbannedduetodomesticexchanges,thevirtualcurrencyinvestorsaregenerallyotc,thereforethepolicyoperabilityisnotbig,bannedfromonlyafew,largevolumesofvirtualcurrencymarketmakers.


    Guoyuyangalsobelievesthatthenoticehaslimitedimpactonotctransactions,andthatthemostimportantpolicyinthevirtualcurrencyfield--the"one-size-fitsall"policyforICOs--hasbeeninplaceformonths.Moretokenprojectsarebeingtradedoverthecounter,evenonforeigntradingplatforms,thusincreasingtheriskofmanyvirtualcurrencyprojects."Somesmallexchangesaregradually'runningaway'with'aircurrency'thathasnovalueatall.Weallwanttograbahandfulandwalkaway."


    Thetechnicalcharacteristicsofvirtualcurrencydeterminethatregulationalwayslagsbehind.Sowhatreferencecantheregulatorypoliciesadoptedinthepastprovideforfutureregulation?


    HongShuningbelievesthatvirtualcurrency,asanimportantproductofblockchaintechnology,hasahugemarketdemand,andtheforcedbancanonlyblockforawhile,itisimpossibletoblockthepaceoftechnologicaldevelopment."Regulatorsshouldcalmdownandseriouslystudyblockchainandvirtualcurrencies,andstudythedifferencebetweenrealtechnologyapplicationsandfraudulentpractices."


    Guoalsosuggestedthatthesupervisionofvirtualcurrencyshouldconsiderthepossibilityof"sparring",forexample,throughatrustedinstitutionofthesupervision,trialtokentradinginasmallarea,strictlycontrolthetransactionprocessandpersonnel,andstrictlyselectthecurrencyofthetransaction."Thereisanoutletthatallowspeopletotradeformallyandputitinthesun."


    Dengjianpengbelievesthatthevirtualcurrencyissuedbyprivateorenterprisesandthenationalfinancialregulatorysystemmaybeanaturaloppositionforalongtimetocome.Buthehasalsopredictedthatshuttingdowndomesticbitcoinexchangescouldeventuallyleadtonewrulesbyregulatorsthatmakeitdifficulttoregulateover-the-countertrading.


    InWu'sview,afterthe"one-size-allICO",theregulationofvirtualcurrencieswillalsofaceabigchallenge:sinceblockchainandvirtualcurrenciescancrossnationalboundariesandgovernmentshavedifferentattitudestowardsvirtualcurrencies,countrieswithrelaxedregulationmaygainadditionalbenefits."Sointhelongrun,countriesshouldalsocoordinateregulationtopreventregulatoryarbitrage."