🇨🇳 China’s Position on Crypto (Short Post)

China maintains one of the strictest stances on cryptocurrencies. Trading, mining, and crypto exchanges are banned in mainland China, including activities related to Bitcoin and other digital assets.

Authorities consider crypto a financial risk and instead promote the state-controlled digital currency, the Digital Yuan.

While individual ownership is not always clearly criminalized, any organized trading or platform activity remains illegal inside mainland China.