The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.”
We Are
At GDC coins
At GDC coins, it is our endeavour to facilitate people in transitioning to a digital economy and in overcoming geographical barriers by leveraging a universally accepted mode of payment or exchange through cryptocurrency.
The biggest draw of using cryptocurrency is its fool-proof security, which is based on the blockchain system, thus rendering it next to impossible to hack.
Create wallet GDC etherscan
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Latest News
Here are latest bunch of news.
Blockchain developers can find it very daunting to attract an audience these days, when so many new ventures are hitting the market at an ever increasing pace.
On Thursday, the pseudonymous operator of Bitcoin.org told the public on Twitter that the web portal has been “compromised.”
"Celebs really think they can come into an industry they know nothing about, never interact with the community, then launch a scam project they’ll abandon in 3 months?” questioned Twitter user 0x_fxnction.
The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities.
The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue the company.
Bitcoin.com, in line with its vision to support ‘economic freedom,’ is refocusing its efforts on non-custodial, or ‘self hosted,’ crypto products, including exchange.
An AT&T customer filed a lawsuit against the company last week accusing it of failing to provide “reasonable and appropriate security to prevent unauthorized access to its customer wireless accounts.”
Features
Why you should invest in GDC Coin
Easy to carry
Not a real problem that needs a solution, but you can carry a billion dollars worths of GDC Coin on a memory stick in your pocket. You can't do that with cash or even gold.
Low collapse risk
Regular currencies depend on governments which fail ocassionally. Such events either cause hyperinflation or a complete collapse of a currency, which can wipe out savings of a lifetime in day. GDC Coin is not regulated by any one government. It's a virtual global currency.
Better Security
In a world where so many of our transactions are online, and our savings and credit rating are at stake at all times, anything that provides increased transactional security is a plus. And there is currently no transaction mechanism that is currently more safe and secure than those that use cryptocurrency.
Identity Theft
When you give your credit card to a merchant, you give him or her access to your full credit line, even if the transaction is for a small amount. Credit cards operate on a “pull” basis, where the store initiates the payment and pulls the designated amount from your account. we use a “push” mechanism that allows the holder to send exactly what he or she wants to the merchant or recipient with no further information
