Cryptocurrency Q&A Does China accept Bitcoin?

Does China accept Bitcoin?

BitcoinBaroness BitcoinBaroness Tue Dec 10 2024 | 6 answers 1101
I'm curious about China's stance on Bitcoin. I want to know if China accepts or recognizes Bitcoin as a valid form of currency or asset, considering their strict regulations on financial markets. Does China accept Bitcoin?

6 answers

SakuraFestival SakuraFestival Thu Dec 12 2024
Similarly, business-related services are not to be conducted using cryptocurrency within China's borders.

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Andrea Andrea Thu Dec 12 2024
Hong Kong, though part of China, operates under a different jurisdiction.

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Silvia Silvia Thu Dec 12 2024
This separation allows Hong Kong to have its own set of financial regulations.

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Martino Martino Thu Dec 12 2024
China maintains a strict stance on the use of cryptocurrency.

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CryptoTitanGuard CryptoTitanGuard Thu Dec 12 2024
It prohibits any form of cryptocurrency that could potentially serve as a replacement for fiat-based transactions.

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