China's national cryptocurrency is ready to spread!
China has officially launched its own national cryptocurrency called Yuan Pay. The currency was developed by the YuanPay Group, a privately held company founded in 2014. It is introduced as an alternative to the country's fiat currency - the yuan (RMB).
After years of hard work and dedication by very talented people and close cooperation with Chinese government agencies, this coin is now ready for distribution. From July 30, 2021, anyone can invest in China's national cryptocurrency. .
YuanPay Group is the only approved and legalized company in China that trades and sells cryptocurrencies, and in particular the crypto yuan. This new type of digital asset is called the "Central Bank of China Digital Currency" issued by the government. China is expected to become one of the first major economies in the world to switch to a crypto asset at the state level. Which provides incredible growth potential for the crypto yuan.
No other crypto has ever been approved and cooperated with by a government, not even Bitcoin. Once the majority of coins have been exchanged, economists expect the price increase to be unparalleled with early adopters set to reach record profits in the crypto space.
Cryptocurrencies are set to play a major role in the future of our financial world, and those that don’t start early are going to be the ones who struggle later.
The current price of one of official China's coin is 0,018 $ (price updated in every 15 minutes),
Famed hedge funder turned crypto-investor Max Keiser says:
Yuan Pay Group is a leading Chinese cryptocurrency and wallet management organization across the country. We are the only officially approved and controlled legal crypto platform in China. The YuanPay Group was established in 2010 and since then we have been working with banks and other organizations to legalize cryptocurrency trading in China and develop relationships with external investors. We are proud to announce that we have been selected to manage and organize the Chinese coin sales for this latest cryptographic development. This is the result of many years of hard work, China's financial infrastructure is about to change.
The prestigious editorial staff of the Financial Times has listed China's new official cryptocurrency among the top 10 technological revolutions of the 21st century. According to the editor-in-chief of the publication, digitized currency could end money laundering and fraud, and digital currency is expected to quickly become the norm for other countries as well, especially after they see the potential and more value that China generates with its own new currency. Many Chinese millionaires have already invested in the digital yuan, as the potential of this coin is huge!
Authorized Cryptocurrency Trading
License - YuanPay Group has the official and confirmed crypto trading license,
which guarantees users best prices and safe storing of coins. In fact, we’re the only
company in China who has the legal precedent to sell these coins – you won’t currently
find anyone else offering them!
NO FEES - YuanPay doesn’t charge any fees from any trade.
Top Tier Software Management Tools - We’ll help you change any currencies in matter of minutes to get started with your purchase of Digital Yuan.
Bank Approvals - We work with all major financial institutions, ideal for our users who want to get their funds transferred directly to their bank account quickly and easily.
TERMS AND CONDITIONS
1.1 These Terms and Conditions are deemed a binding agreement between the client and the Company
1.2 By using or otherwise accessing the Services, or clicking to accept or agree to these Terms and Conditions where that option is made available, client agrees for eligibility for use of the Services and that client has read, understood, and accepted these Terms and Conditions.
2.1 Client is allowed to use the Services if he/she are permitted in accordance with the law of their residence and/or domicile.
2.2 The Company has no obligation or capability to verify whether client is eligible to use the Service and bears no responsibility for your use of the Service.
3. Company Responsibilities and Obligations
3.1 The Company's marketing is carried out in the best possible manner according to their ability.
3.2 The Company adheres to Best Practices that the sites do not contain and will not contain any material that is discriminatory, abusive, or libelous or in any way inappropriate.
4.1 The Company does not define, suggest and execute any control over prices or exchange rates of third parties. The Company is not a counterparty to any deal concluded.
4.2 Any dispute client has concerning a transaction client shall resolve with such third party directly without involving the Company.
4.3 The Company does not regulate services of third parties and has no opportunity to affect the process of providing these services and its results.
5.1 Client agrees to release and to indemnify, defend and hold harmless the Company and its parents, subsidiaries, affiliates and agencies, as well as the officers, directors, employees, shareholders and representatives of any of the foregoing entities, from and against any and all losses, liabilities, expenses, damages, costs (including attorneys’ fees and court costs) claims or actions of any kind whatsoever arising or resulting from client’s use of the services of third parties and client’s violation of these Terms and Conditions.
5.2 The Company reserves the right, at its own expense, to assume exclusive defense and control of any matter otherwise subject to indemnification by client and, in such case, client agrees to cooperate with the Company in the defense of such matter.
6. Third-Party Websites and Content
6.1 The Platform may contain links to websites owned or operated by parties other than the Company. Such links are provided for client’s reference only.
6.2 The Company does not monitor or control resources outside the Platform and is not responsible for their content. The inclusion of links to third party resources does not imply any endorsement of the material in the Software or, unless expressly disclosed otherwise, any sponsorship, affiliation or association with its owner, operator or sponsor, nor does such inclusion of links imply that the Company is authorized to use any trade name, trademark, logo, legal or official seal, or copyrighted symbol that may be reflected in the linked website.
6.3 The Company does not control the third-party content or monitor it for compliance with any requirement (e.g. truthfulness, integrity, legality). Accordingly, the Company does not bear any liability arisen in connection with client’s access or use of the third-party content.
7. Risk warning
By accepting these Terms and Conditions, client also acknowledge that client have been warned of the following risks:
7.1 New Technology. Client understands that the service is not limited to the company platform, including other associated and related technologies that are new and untested and outside of the Company’s control and adverse changes in market forces or the technology, broadly construed, will excuse the nonperformance by the Company under this Agreement including temporary interruption or permanent termination of your access to the Software and Services.
7.2 Unfavorable regulatory environment. The service has been the subject of scrutiny by various regulatory bodies around the world. The functioning of the platform could be impacted by one or more regulatory inquiries or actions, including but not limited to restrictions of use of cryptocurrencies.
7.3 Risk of theft and hacking. Hackers or other groups or organizations may attempt to steal your data and password in any number of ways.
7.4 Risk of security weaknesses of the Platform. There is a risk that the Platform may unintentionally include weaknesses or bugs in the source code.
7.5 Internet transmission risks. Client acknowledges that there are risks associated with using the platform and Services including, but not limited to, the failure of hardware, software, and internet connections. Client acknowledge that the Company shall not be responsible for any communication failures, disruptions, errors, distortions or delays client may experience when using the Software and Services, howsoever caused.
8. Warranties and Representation
By entering these Terms and Conditions client warrants and represents that:
8.1 Client has full capacity to contract under applicable law;
8.2 Client will only be transacting via the Platform with legally-obtained funds that belong to client;
8.3 Client will not be furthering, performing, undertaking, engaging in, aiding, or abetting any unlawful activity through your relationship with us or through your use of the Software;
8.4 Client will not use the platform for illegal purposes, including money laundering of criminal proceeds, transfer or receipt of payment for planning, preparation or commitment of crime, for financing the terrorism and illegal trade;
8.5 Client will not use the platform for any purpose prohibited by these Terms or in any manner that could damage, disable, overburden, or impair the Company;
8.6 Client will be complying with and obeying all applicable laws, including but not limited to securities and capital market legislation, anti-money laundering and counterfeiting terrorism, consumer protection laws, and financial promotion.
9. Warranties; Exclusion of Liability; Indemnification
9.1 The Platform is provided “as is”. The Platform is under development, the Company cannot guarantee that all program functions will be available for any period in the future or that the functionality of the program will not change dramatically.
9.2 The Company and its affiliates make no representations or warranties of any kind, whether express, implied, statutory or otherwise regarding the Platform, including any warranty that the Platform will be uninterrupted, error free or free of harmful components, secure or not otherwise lost or damaged.
9.3 Except to the extent prohibited by law, the Company and its affiliates disclaim all warranties, including any implied warranties of merchantability, satisfactory quality, fitness for a particular purpose, non-infringement, or quiet enjoyment, and any warranties arising out of any course of dealings, usage or trade.
9.4 The Company shall not have any liability or responsibility for any errors or omissions in performance of the Platform, for your action or inaction in connection with the Software or for any damage to your computer or data or funds or any other damage client may incur in connection with the Software.
9.5 Client’s use of the Platform is at own risk. In no event shall the Company be liable for any direct, indirect, punitive, incidental, special or consequential damages arising out of or in any way connected with the use of the Software, the delay or inability to use the Software or otherwise arising in connection with the Software whether based on contract, tort, strict liability or otherwise, even if advised of the possibility of any such damages.
9.6 Client agrees to defend, indemnify and hold the Company harmless from and against any and all claims, damages, costs and expenses, including attorneys' fees, arising from or related to client’s use of the Platform and Services.
9.7 The Company makes no representation that Services can be received are applicable or appropriate for use in all jurisdictions..
The Company bears no liability for determining whether taxes apply to any of client’s transactions, or for collecting, reporting, or remitting any taxes arising from any transaction. The Company does hereby recommend that you seek an independent consultant's advice with respect to any tax liability that you may bear with respect to the tax jurisdiction that you may reside in.
11.1 Client may not transfer or assign these Terms and Conditions or any rights or obligations he/she has under these Terms and Conditions without our prior written consent.
11.2 The Company reserves the right to freely assign or transfer these Terms and Conditions and the rights and obligations under these Terms and Conditions to any third party at any time without prior notice or consent.
11.3 If client objects to such transfer or assignment, client may stop using the Platform and terminate these Terms and Conditions by contacting the Company.
12. Jurisdiction and Applicable Law
12.1 The Terms and conditions and any legal relationship between the Parties arising out of or in connection with them shall be governed by and construed in accordance with the laws of England and Wales without regard to its conflict of laws rules.
12.2 The Parties settle all their disputes arising out of or in connection with the Terms and conditions in accordance with the laws of England and Wales.
13. Dispute Settlement
13.1 The Parties agree to try in good faith to settle through negotiations any dispute, disagreement or claim arising out of or in connection with execution, termination or rescission of these terms and conditions.
13.2 Any dispute arising out of or
in connection with this contract, including any question regarding its existence,
validity or termination, shall be referred to and finally resolved by arbitration under
the LCIA Rules, which Rules are deemed to be incorporated by reference into this
The number of arbitrators shall be three.
The seat, or legal place, of arbitration shall be London, United Kingdom.
13.3 The language to be used in the arbitral proceedings shall be English.
14. The company reserves the right to refuse or exclude applicants and accounts
14.1 The Company may refuse at any time any new customer, and/or may close a customer's account if the Company believes that it is necessary to comply with the Company's policies, and/or of protection of the Company’s best interests.
14.2 The Company may refuse any applicant or close any account, if the Company reasonably believes that it would be necessary to comply with the Company's policies, or for the protection of the Company’s best interests. If the user doesn’t comply- or breaks any part of this Agreement, the Company may close the account(s) and take other legal actions or any other legal measures to protect the Company’s interests.
15. Confidentiality and Confidential Information
The user shall not use any confidential information of any kind for its own commercial or other purposes, and may not share such confidential information with any person or with any third-party, either directly or indirectly without the prior written consent from the Company. The user will not use confidential information for any purposes other than for fulfilling the obligations of this Agreement.
16. Changes to these Terms and Conditions
16.1 The Company reserves the right, at any time and in its own discretion, to change, delete or add items to this Agreement, and this without the obligation to give prior notice in writing. If necessary, a written notice will be sent to the e-mail address registered.
16.2 The Company reserves the rights to freeze the account and/or to reduce the balance of the account if the traffic created by the user has been made through fraudulent means or in violation of terms & conditions.
16.3 The user is hereby agreeing that he will not create your own, or amend in any way whatsoever, creative media supplied to him by the company unless he has received prior written consent to do so. Any amendments to our creative media is a breach or our terms and conditions.
17.1 All communications and documents to be made or given pursuant to these Terms and Conditions must be in the English language.
17.2 These Terms and Conditions constitute the entire agreement and understanding of the Parties and supersedes any previous agreement between the Parties relating to the subject matter of these terms and conditions.
17.3 If at any time any one or more of the provisions of these terms and conditions is or becomes illegal, invalid or unenforceable in any respect under any law of any jurisdiction neither the legality, validity or enforceability of the remaining provisions of these terms and conditions nor the legality, validity or enforceability of such provision under the law of any other jurisdiction shall be in any way affected or impaired as a result.
17.4 Headings are inserted for the convenience of the parties only and are not to be considered when interpreting this Agreement. Words in the singular mean and include the plural and vice versa.
1.1. The Company is not responsible for any direct, indirect or consequential losses as a result of using the Service.
1.2. New Technology. Client understands that using the Service is not limited to company platform, including other associated and related technologies are new and untested and outside of your or the Company’s control and adverse changes in market forces or the technology, broadly construed, will excuse the nonperformance by the Company under this Agreement including temporary interruption or permanent termination of your access to the Software and Services.
1.3. Unfavorable regulatory environment. 4th Industrial Revolution technologies have been the subject of scrutiny by various regulatory bodies around the world. The functioning of the Platform could be impacted by one or more regulatory inquiries or actions, including but not limited to restrictions of use of the Service.
1.4. Risk of theft and hacking. Hackers or other groups or organizations may attempt to steal your data and password in any number of ways.
1.5. Risk of security weaknesses of the Platform. There is a risk that the Platform may unintentionally include weaknesses or bugs in the source code.
1.6. Risk of mining attacks. The Platform is susceptible to mining attacks, including but not limited to double-spend attacks, majority mining power attacks, “selfish-mining” attacks, and race condition attacks. Any successful attacks can affect access to the Software and Services. Mining attacks, as described above, may also target other networks, which the Software interacts with, and consequently affect the Software performance and your access to the Services.
1.7. Internet transmission risks. Client acknowledges that there are risks associated with using the Software and Services including, but not limited to, the failure of hardware, software, and internet connections. Client acknowledge that the Company shall not be responsible for any communication failures, disruptions, errors, distortions or delays client may experience when using the Software and Services, howsoever caused.
As used herein, “Personal Data” means any information relating to an identified or identifiable natural person, such as a name, an identification number, location data, an online identifier or to one or more factors specific to the physical, economic, cultural or social identity of you as a natural person.
3. Collection of Personal Data
3.1. Company collects, processes, and stores Personal Data collected from you via client’s use of the Service or where client has given consent.
3.2. This Personal Data may include contact details, copies of identification documentation provided by client or derived from publicly accessible databases, government identification number as well as information relating to devices or internet service (such as an IP address and a MAC number).Company collects information provided during the onboarding process, which may be a completed, incomplete, or abandoned process.
3.3. Company collects, uses, stores, and transfers Personal Data, which may include the following:
(i) Operating within the European Economic Area (“EEA”).
(ii) Company collects, stores, and processes personal information in accordance with the Best Practices of Data Collection in the EU, in addition to GDPR [General Data Protection Regulation- (EU) REGULATION 679/2016].
(iii) Types of client defined in APPENDIX A.
4. Collection and Storing of Data Outside the EU
As outlined above, company may collect Personal Data from customers located in the EEA. To facilitate the services company provides to customers located in the EEA, company requests explicit consent for the transfer of Personal Data from the EEA to outside of the area. If client is an individual located in the EEA and declines to consent to such transfer, client will no longer be able to use company services.
5. Personal Data Usage
5.1. Company uses Personal Data to communicate with the client and to administer, deliver, improve, and personalize the Service. Company might also generate generic data out of any Personal Data collected and use it for company purposes.
5.2. Company may also use such data to communicate with you in relation to other products or services offered by company and/or its partners. Company does not share Personal Data with third parties (other than partners in connection with their services) except where client have given consent and further detailed below.
6. Company may share Client Personal Data with third parties:
6.1. If company deems that sharing it is necessary to enforce the Terms of Service；
6.2. To comply with government agencies, including regulators, law enforcement and/or justice departments；
6.3. To third parties who provide services to the company (such as administration or technical services.
6.4. In connection with the sale or transfer of our business or any part thereof.
6.5. Additionally, company has implemented international standards to prevent money laundering, terrorist financing and circumventing trade and economic sanctions and will implement final rules and regulations when effective, which will likely require us to undertake due diligence on our customers.
6.6. This may include the use of third-party data and service providers which we will cross-reference with your personal information.
7. Storage of Personal Data
7.1. The data that company collects from the client may be transferred to, and stored at, a destination outside of the EU.
7.2. It may also be processed by staff operating outside of the EU who work for the company or for one of company suppliers. By submitting client personal data, client agrees to this transfer, storing or processing, except customers located in the EEA, as detailed above.
7.3. All information you provide to us is stored on company and/or third party cloud servers.
8. Access and Correction of Personal Data
8.1. Client has the right to obtain a copy of Personal Data upon request and ascertain whether the information company holds about client is accurate and up-to-date.
8.2. If any of the Personal Data is inaccurate, client may request to update the information. Client may also request to delete Personal Data, with exception that the company may refuse client deletion request in certain circumstances, such as compliance with law or legal purposes. For data access, correction, or deletion requests, please contact company.
8.3. In response to data access, correction, or deletion request, company will verify the requesting party’s identity to ensure that he or she is legally entitled to make such request. While company aims to respond to these requests free of charge, company reserve the right to charge client a reasonable fee should the request be repetitive or onerous.
9.2. Customers can opt out from these marketing communications at any moment. If you do not want to receive these communications, please send an email to .
9.3. For product related communications, such as policy/terms updates and operational notifications, client will not be able to opt out of receiving such information.
10. Information Security
Company endeavors to protect clients from unauthorized access, alteration, disclosure, or destruction of Personal Data that the company collects and stores. Company take various measures to ensure information security, including encryption of the communications with SSL; required two-factor authentication for all sessions; periodic review of our Personal Data collection, storage, and processing practices; and restricted access to client’s Personal Data on a need-to-know bases for our employees and vendors who are subject to strict contractual confidentiality obligations.
11. Contacting Company about Privacy Concerns
Definition of Clients
1. Individual clients:
Mobile phone number
Full legal name (including former name, and names in local language)
Passport number, or any government issued ID number
Date of birth (“DOB”)
Proof of identity (e.g. passport, driver’s license, or government-issued ID)
Proof of residency
Additional Personal Data or documentation at the discretion of our Compliance Team
2. Corporate clients:
Corporate legal name (including the legal name in local language)
Full legal name of all beneficial owners, directors, and legal representatives
Address (principal place of business and/or other physical locations)
Proof of legal existence
Description of the business
Percentage of ownership for Individual/corporate owners
Contact information of owners, principals, and executive management (as applicable)
Proof of identity (e.g., passport, driver’s license, or government-issued ID) for significant individual beneficial owner of the institutional customer entity
Personal Data for each entity’s significant beneficial owner of the institutional customer entity (see the “Individual Customer” section above for details on what Personal Data we collect for individuals)
Source of wealth
Amount of bitcoin or other digital assets projected to be injected
E-mail messages from The Company are exclusively intended for the addressee(s).
Company's e-mail messages (including any attachments) are company property and may be confidential or otherwise protected from publication.
Any unauthorized use, reproduction or distribution of the message (in whole or in part) is expressly forbidden.
If you have mistakenly received an e-mail from the Company, we would request that you inform the sender of this immediately by e-mail or by another means.
We would also request that you immediately delete this e-mail and any attachment(s) from your system.
The Company shall not be liable for incorrect or incomplete transmission of information by e-mail.
Neither shall it be liable for any delay in receipt, or any damage caused as a result.
The Company does not guarantee that the integrity of e-mail will be preserved during transmission. Nor does it guarantee that the message or files attached to it cannot be infected by digital viruses or other infections, or that the message cannot be intercepted. We draw your attention to the fact that e-mail and attached files may be subject to changes by third parties.
We would advise you, in the event of doubts as to the origin, accuracy or completeness, to contact the sender immediately.
Non-business views, opinions and statements in this e-mail message are exclusively those of the author of this message and cannot be attributed to the Company.
Anti-spam and Email filtering
The Company makes use of filters, which are frequently automatically updated, against viruses, spam, exploits and other digital threats.
All incoming e-mails to the Company that have sufficient characteristics of these types shall be deleted or blocked:
E-mail that contains a virus will immediately be deleted;
E-mail source check using several international RBL ‘blacklist’ databases. On receipt the filter blocks such an e-mail and sends a standardised (SMTP) technical report back to the mail server that sent it. NB: it is the responsibility of the sender to ensure that their mail server is removed from the RBL blacklist(s) in question;
Blocking of internationally known ‘vandal’ files;
Blocking of e-mails containing files that can be run in them;
Keyword filtering for undesired words or character combinations in the e-mail subject (Subject) and/or the message itself (Body). Such e-mails land in a temporary e-mail quarantine buffer and can still be released by the recipient for a few days.
Due to the Company's e-mail filtering, but also because, within the Internet, mail is filtered for digital threats by Internet Service Providers, among others, it is possible that your e-mail might not reach the Company, whether wholly or in part.
We would therefore advise, if there is any doubt in the case of an important e-mail to the Company, or a file sent to the Company, that you check whether the message and/or file has been received in good order.
Your support ticket has been sent successfully. Once we respond, you will receive an email notification. Make sure you check your spam/junk folders.