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What does Digitong Exchange mean (Is Digitong Platform Legal)?

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Digitong Exchange refers to a decentralized platform that provides services for

What does Digitong Exchange mean (Is Digitong Platform Legal)?

Digitong Exchange refers to a decentralized platform that provides services for various types of transactions through blockchain technology. It is a service-oriented trading product based on cryptocurrency, created by a network team of Bitcoin enthusiasts and cryptographers, enabling users to buy, sell, exchange, and invest, among other operations.In simple terms, Digitong Exchange is a financial application system based on blockchain technology, with its core being the use of smart contracts to achieve cross-border fund flow and asset exchange. (H2) Is Digitong Platform Legal?According to the “Blockchain Information Service Management Regulations” publicly issued by the National Internet Information Office, is Digitong Platform legal? Digitong Platform can raise funds and pay salaries to the public through token issuance, and under certain conditions, it can provide funds or other financial services to achieve the goal of getting rich quickly. However, due to the nature of Digitong Platform, it is also suspected of illegal fundraising and other illegal activities. In China, the definition of digital currency in our laws is “virtual commodities”, and such assets are subject to certain prohibitions and mandatory constraints.

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