Bitcoin regulation is a concern, and bitcoin trading is legal in some countries, but it is prohibited in some countries. Many Chinese investors want to know, is bitcoin legal in China? Is it illegal to buy bitcoin through the exchange?

It is not illegal for the public to stir up their own currency, and it is consistent with the nature of the stock trading. The documents issued by the central bank, mutual fund office and other ministries and commissions have not identified the illegal behavior of individual people to fry currency. However, if the trading platform is set up in China and the mass fry currency is organized, it is suspected of illegal fund-raising fraud. Therefore, many practitioners set up legal subjects abroad, which can avoid the legal restrictions in China.

On September 4th, 2017, the people's Bank of China, the Ministry of industry and information technology and the CBRC issued a public announcement prohibiting the issuance and financing of token; the trading platform shall not engage in the exchange business between legal currency and token and "virtual currency", nor buy or sell or sell tokens or "virtual currency" as the central party, and shall not provide pricing for tokens or "virtual currency" Information intermediary and other services.

(2021-3.19)