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velvet jewelry rolls wholesale Legal analysis: Bitcoin is not issued by the currency authorities, does not have currency attributes such as legal and mandatoryness, and is not a true currency.
The legal basis: the "Regulations on the Management of the People's Republic of China"
It Article 3 The legal currency of the People's Republic of China is RMB. To pay all public and private debts in the People's Republic of China, no unit or individual may refuse to accept it.
The unit of RMB is element, and the RMB auxiliary currency units are corners and divisions. 1 yuan is equal to 10 horns, and 1 angle is equal to 10 points. The RMB is paid in accordance with its denomination.
Fess 5 The People's Bank of China is the competent authority of the state managing the RMB and is responsible for the organization and implementation of these regulations.
The 6. Any unit or individual shall take care of the RMB. It is forbidden to damage RMB and hinders the circulation of RMB.