Can a crypto exchange accept a client based in China?
As a practitioner in the realm of cryptocurrency and finance, I am curious about the legalities and intricacies surrounding crypto exchanges and their clientele. Specifically, I'm wondering: Can a crypto exchange legally accept a client based in China? Given the ever-evolving regulatory landscape in China with regards to cryptocurrencies, it's crucial to understand the nuances of this question. Does the exchange need to obtain specific licenses or permissions? Are there any sanctions or restrictions that may prevent such a partnership? Clarifying these points would be invaluable for crypto exchanges seeking to expand their client base.