Cryptocurrency Q&A Is it illegal to buy crypto in China?

Is it illegal to buy crypto in China?

BusanBeautyBloom BusanBeautyBloom Tue Dec 03 2024 | 7 answers 1831
I'm wondering if it's illegal to purchase cryptocurrencies in China. I've heard mixed information and would like to clarify the legality of buying crypto in the Chinese market. Is it illegal to buy crypto in China?

7 answers

JessicaMiller JessicaMiller Thu Dec 05 2024
Among BTCC's services are spot trading, futures trading, and a wallet service.

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BitcoinBaron BitcoinBaron Thu Dec 05 2024
This legal status pertains solely to individual ownership and not to business activities.

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CharmedEcho CharmedEcho Thu Dec 05 2024
Engaging in cryptocurrency business activities can potentially disrupt economic and financial order.

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GyeongjuGlory GyeongjuGlory Thu Dec 05 2024
The judge emphasized that such activities might also facilitate illegal payments.

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Giulia Giulia Thu Dec 05 2024
Cryptocurrency, possessing the attributes of property, is recognized as a virtual commodity in China.

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