I've been hearing a lot about Binance recently, but I'm not sure if it's legal in China. Could you please clarify if Binance is banned in China? I'm particularly interested in understanding the legal status of Binance in China and any potential implications for users if they choose to access the platform. Thank you for your time and assistance.
6 answers
DigitalBaron
Mon Apr 01 2024
According to a company spokesman quoted by the Wall Street Journal, a popular cryptocurrency exchange has been inaccessible to users based in China.
Martina
Sun Mar 31 2024
This exchange has been under intense scrutiny from U.S. regulators, including the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC).
BusanBeauty
Sun Mar 31 2024
BTCC's services include spot trading, futures trading, and margin trading, among others, providing a comprehensive platform for cryptocurrency trading and investing.
ShintoSanctum
Sun Mar 31 2024
The exchange's website, Binance.com, is currently blocked in China, preventing local users from accessing its services.
alexander_watson_astronaut
Sun Mar 31 2024
Despite the regulatory challenges, the exchange has continued to operate globally, catering to a wide range of cryptocurrency investors and traders.