How is cryptocurrency regulated in China?

3 answers

• Dec 29, 2021 · 3 years ago
  Cryptocurrency regulation in China is primarily governed by the government's stance on digital currencies. The Chinese government has taken a strict approach towards cryptocurrencies, imposing bans on initial coin offerings (ICOs) and cryptocurrency exchanges. These measures were put in place to protect investors and prevent financial risks. However, individuals are still allowed to hold and trade cryptocurrencies on overseas platforms.
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• Dec 29, 2021 · 3 years ago
  Cryptocurrency regulation in China is a hot topic. The government has implemented strict measures to control the use and trading of cryptocurrencies. This includes banning ICOs and shutting down domestic cryptocurrency exchanges. The aim is to prevent money laundering, fraud, and other illegal activities. Despite the restrictions, individuals can still participate in cryptocurrency trading through overseas platforms.
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• Dec 29, 2021 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi adheres to the regulations set by the Chinese government. We prioritize the safety and security of our users' funds and ensure compliance with all applicable laws. Our platform offers a wide range of cryptocurrencies for trading, providing a secure and convenient environment for users to engage in cryptocurrency transactions.
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