What is the okex platform currency (is the okex currency platform legal)

What is the okex platform currency (is the okex currency platform legal)

What is OKEX platform currency? According to official news, there have been media reports recently that a certain exchange has launched OKEX platform currency. It is reported that according to the announcement, most of the current trading pairs on the market are dominated by Bitcoin and Litecoin, and there is no delivery date, so the price is relatively low; If calculated at current prices, the platform’s platform currency rate would be approximately 1 USD. One OKEX user purchasing 100000 tokens is equivalent to a distribution token (worth approximately 100 RMB) According to the introduction, OKEx is a digital asset comprehensive service platform developed based on blockchain technology. With over 5 million registered users worldwide

Is the OKEX coin platform legal

According to Caijing, recently media reports have reported that the OKEx coin platform has serious illegal issues. According to statistics, as of June 1, 2018, investors from at least 100 digital currency trading platforms have been scammed with amounts of around tens of billions of RMB. The project party issued a statement stating that according to the Securities Law, any institution that conducts ICO based on blockchain technology shall not illegally engage in token issuance financing activities. In addition, anyone who profits by selling virtual assets or “mining” must report relevant clues of suspected violations to the police and be subject to criminal prosecution and economic penalties.

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