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Can virtual currency be equated with RMB?
Global foreign exchange-virtual currency should have the function of redemption. At present, there is no recognition of the equivalence between a certain "virtual currency" and RMB.

According to the Regulations on the Administration of RMB, RMB is the legal tender in China, but its quantity is limited in reality. However, the business of "virtual currency" such as Q coins can be issued indefinitely, which will definitely replace RMB as the universal equivalent of online transactions, thus impacting the financial order of China.

Virtual currency should have the function of redemption, and the well-known QB can only be regarded as a commodity.