Questions tagged [illegal]

Best way to learning about blockchain & crypto knowledge for free here 727 questions

Start on BTCC →
Riccardo Riccardo Wed Mar 27 2024 | 0 answers 0

Why is crypto illegal in China?

I'm somewhat perplexed. I've heard a lot about cryptocurrencies and their potential, but I'm also aware that China has taken a strong stance against them. Could you explain why crypto is considered illegal in China? I'm interested in understanding the reasons behind this decision and how it might impact the global crypto industry. Thank you for your time and expertise.

Why is crypto illegal in China?
MysticStar MysticStar Wed Mar 27 2024 | 0 answers 0

Why is Bitcoin illegal in China?

I'm quite puzzled why Bitcoin is considered illegal in China. Could you please explain the reasons behind this decision? I understand that cryptocurrencies can be used for illegal activities, but that doesn't mean all cryptocurrencies should be banned. In fact, many countries are exploring the potential of Bitcoin and other cryptocurrencies to revolutionize the financial industry. Could you elaborate on the specific reasons why China has chosen to ban Bitcoin? And what are the possible consequences of this decision?

Why is Bitcoin illegal in China?

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users