Illegal in Mainland China
Trading cryptocurrencies on exchanges.
๐ CRYPTO MINING BANNED
Mining operations (e.g., Bitcoin mining) are banned.
๐ Crypto service banned
Providing crypto financial services (brokerages, exchanges, derivatives).
๐ USDT & USDC USE BANNED
Stablecoins and crypto tokens considered illegal financial activities.
๐ Issuing crypto banned
Issuing crypto or yuan-pegged stablecoins, even from offshore controlled entities, without approval is banned.
๐ RWA
Real-world asset (RWA) tokenization using blockchain is now under strict control and largely banned unless explicitly author
๐ Illegal Financial Activity
China labels almost all crypto-related business โ including exchange access or promoting crypto โ as โillegal financial activity
Why china banned crypto
Pose financial stability risks.Facilitate money laundering and fraud.Could weaken monetary control compared with the stateโs digital yuan (e-CNY) โ Chinaโs official digital currency.
Is Ownership Still Allowed?
Not confirmed yet
Conclusion
Trading, mining, holding, or using Bitcoin/Ethereum/USDT in China is illegal. ๏ฟฝ
๐ซ Even offshore crypto projects run by Chinese entities face bans unless approved.
๐ข The only allowed digital currency is the state-backed digital yuan (e-CNY).
Chinaโs crypto policy is one of thestrictest in the world, and enforcement continues to expand in 2026.
#HaveYouBinanced #ChinaBannedCryptoStuffs #CryptoAlert #BinanceSquare #alexcorb