If you have a credit card, it could actually make life more convenient for you as the card can be used to pay bills and
settle other financial obligations without necessarily carrying cash.
«As part of the new Regulations, an official joint announcement will be released during the upcoming PBOC press conference making it clear that neither the People's Bank of China nor the Hong Kong Monetary Authority recognises Bitcoin or any
other virtual currency as legal tender, thus, making its use as an official currency to
settle debts and
financial obligations illegal.
(iv) The Consob — SEC memorandum of understanding of 3 May 1993 (the Consob — SEC MoU) provides several cooperation mechanisms between Consob and SEC in connection with the enforcement of securities law concerning market abuse, the
obligation on issuers to disclose inside information and regulatory duties applicable to
financial intermediaries, investment funds, market managers, clearing houses, and
other securities market operators (including duties relating to handling, transmitting, and executing orders, managing securities portfolios,
settling securities transactions, safeguarding customer securities, and complying with
financial or operational requirements).