Cryptocurrency Q&A Is it illegal to own Bitcoin in China?

Is it illegal to own Bitcoin in China?

SapphireRider SapphireRider Wed Dec 04 2024 | 5 answers 1184
I'm wondering if it is considered illegal to possess Bitcoin in China, as I've heard mixed opinions on the matter and would like to clarify the legality of Bitcoin ownership in the country. Is it illegal to own Bitcoin in China?

5 answers

EthereumEmpire EthereumEmpire Fri Dec 06 2024
Despite this, engaging in cryptocurrency-related business activities is restricted. This is because such activities can potentially disrupt economic and financial order.

Was this helpful?

173
74
GeishaMelodious GeishaMelodious Fri Dec 06 2024
Cryptocurrency ownership in China is not prohibited by law, as it is considered a virtual commodity with property attributes, according to Sun.

Was this helpful?

369
74
Leonardo Leonardo Thu Dec 05 2024
The judge emphasized that cryptocurrency should not be used as a form of payment for illegal activities. This underscores the importance of regulating the use of digital currencies to prevent their misuse.

Was this helpful?

162
34
alexander_rose_writer alexander_rose_writer Thu Dec 05 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and wallet management.

Was this helpful?

151
46
CryptoAce CryptoAce Thu Dec 05 2024
With its comprehensive suite of offerings, BTCC provides a convenient and secure platform for individuals and businesses to buy, sell, and store digital currencies.

Was this helpful?

329
66

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts