Faster global financial news!
Policies and Regulations
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Japan considers revising auto safety standards for self-driving cars without steering wheels or pedals to boost mass production
Japan is considering revising its auto safety certification standards to include established rules for self-driving vehicles that lack steering wheels as well as brakes and accelerator pedals, to enco
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Blockchain.com Co-CEO: "Crypto Spring" has arrived, driven by institutions and strong bipartisan support
Blockchain.com Co-CEO Lane Kasselman stated that "Crypto Spring" has arrived, with institutions driving the market. He added that the digital asset sector has garnered the strongest bipartisan support
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Indonesia's new labor law tightens restrictions on outsourcing and fixed-term contracts, shifting the balance in favor of workers.
Indonesia's new labor law tightens restrictions on outsourcing and fixed-term contracts, shifting the balance in favor of workers.
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Status of Virtual Currency Trading Platforms in Mainland China: Regulation and Risks Under a Comprehensive Ban
Since September 2021, mainland China has implemented a comprehensive ban on virtual currency trading and related activities, explicitly classifying them as illegal financial activities and continuously strengthening supervision. This means that within mainland China, there are no legal and compliant virtual currency trading platforms or applications. Although some international platforms have been mentioned as potentially accessible, such activities carry extremely high legal and financial risks, and participants must bear all consequences themselves. This article aims to analyze mainland China's regulatory framework, legal risks, and market status.
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China's Cryptocurrency Trading Landscape and Risk Analysis: No Legal and Secure Trading Platforms Exist
Since 2021, mainland China has completely banned virtual currency trading and related financial activities, reiterating the ban multiple times in 2025-2026. This means there are no legal, safe, and regulated virtual currency exchange apps within mainland China. Individuals participating in virtual currency trading face severe legal and financial risks, and any platform claiming to offer such services may be involved in illegal activities.
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Analysis of Virtual Currency Trading Platforms and Regulatory Status in Mainland China
According to the latest regulatory policies in mainland China, there are no "legitimate virtual currency trading platforms" or software that can legally trade virtual currencies within the country. Since 2021, the People's Bank of China (PBOC) and other departments have completely banned virtual currency-related business activities and continue to strengthen supervision. Although the legality of individuals holding cryptocurrencies as property has been reflected in judicial practice, any activities involving trading, speculation, or financing are still considered illegal financial activities and carry extremely high legal and financial risks.
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US merchants increasingly rounding cash payments and adding credit card surcharges amid penny production halt and rising swipe fees
Following the U.S. Mint's halt of penny production last year, many merchants have started rounding cash transactions to the nearest nickel. States are enacting laws to govern this practice, and a fede
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Current State of Virtual Currency Regulation in Mainland China and an Overview of Major Global Trading Platforms
Since 2021, mainland China has completely banned virtual currency trading and related activities, explicitly classifying them as illegal financial activities. There are no officially recognized "legitimate" trading platforms within the country. While individuals holding virtual currencies are considered to possess virtual property, their trading activities are not protected by law. This article will outline mainland China's regulatory policies and introduce some major global virtual currency trading platforms, emphasizing that their use must comply with local laws and regulations, and warning of associated risks.
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Hawaii to Ban Crypto ATMs and Kiosks Starting Oct. 1
Hawaii will become the fourth US state, joining Minnesota, Tennessee, and Indiana, to completely ban the use of cryptocurrency ATMs and kiosks. The ban, effective October 1, is in response to scams.
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Rep. Ro Khanna to introduce "Data Center Bill of Rights" to give communities power to reject AI power plants amid rising utility costs
The resolution aims to empower local communities to reject data center construction, bar facilities within 2,500 feet of homes or schools, and ensure utility bills do not increase due to their energy
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Japan considers revising auto safety standards for self-driving cars without steering wheels or pedals to boost mass production
Japan is considering revising its auto safety certification standards to include established rules for self-driving vehicles that lack steering wheels as well as brakes and accelerator pedals, to enco
-
Blockchain.com Co-CEO: "Crypto Spring" has arrived, driven by institutions and strong bipartisan support
Blockchain.com Co-CEO Lane Kasselman stated that "Crypto Spring" has arrived, with institutions driving the market. He added that the digital asset sector has garnered the strongest bipartisan support
-
Indonesia's new labor law tightens restrictions on outsourcing and fixed-term contracts, shifting the balance in favor of workers.
Indonesia's new labor law tightens restrictions on outsourcing and fixed-term contracts, shifting the balance in favor of workers.
-
US merchants increasingly rounding cash payments and adding credit card surcharges amid penny production halt and rising swipe fees
Following the U.S. Mint's halt of penny production last year, many merchants have started rounding cash transactions to the nearest nickel. States are enacting laws to govern this practice, and a fede
-
Hawaii to Ban Crypto ATMs and Kiosks Starting Oct. 1
Hawaii will become the fourth US state, joining Minnesota, Tennessee, and Indiana, to completely ban the use of cryptocurrency ATMs and kiosks. The ban, effective October 1, is in response to scams.
-
Rep. Ro Khanna to introduce "Data Center Bill of Rights" to give communities power to reject AI power plants amid rising utility costs
The resolution aims to empower local communities to reject data center construction, bar facilities within 2,500 feet of homes or schools, and ensure utility bills do not increase due to their energy
-
Status of Virtual Currency Trading Platforms in Mainland China: Regulation and Risks Under a Comprehensive Ban
Since September 2021, mainland China has implemented a comprehensive ban on virtual currency trading and related activities, explicitly classifying them as illegal financial activities and continuously strengthening supervision. This means that within mainland China, there are no legal and compliant virtual currency trading platforms or applications. Although some international platforms have been mentioned as potentially accessible, such activities carry extremely high legal and financial risks, and participants must bear all consequences themselves. This article aims to analyze mainland China's regulatory framework, legal risks, and market status.
-
China's Cryptocurrency Trading Landscape and Risk Analysis: No Legal and Secure Trading Platforms Exist
Since 2021, mainland China has completely banned virtual currency trading and related financial activities, reiterating the ban multiple times in 2025-2026. This means there are no legal, safe, and regulated virtual currency exchange apps within mainland China. Individuals participating in virtual currency trading face severe legal and financial risks, and any platform claiming to offer such services may be involved in illegal activities.
-
Analysis of Virtual Currency Trading Platforms and Regulatory Status in Mainland China
According to the latest regulatory policies in mainland China, there are no "legitimate virtual currency trading platforms" or software that can legally trade virtual currencies within the country. Since 2021, the People's Bank of China (PBOC) and other departments have completely banned virtual currency-related business activities and continue to strengthen supervision. Although the legality of individuals holding cryptocurrencies as property has been reflected in judicial practice, any activities involving trading, speculation, or financing are still considered illegal financial activities and carry extremely high legal and financial risks.
-
Current State of Virtual Currency Regulation in Mainland China and an Overview of Major Global Trading Platforms
Since 2021, mainland China has completely banned virtual currency trading and related activities, explicitly classifying them as illegal financial activities. There are no officially recognized "legitimate" trading platforms within the country. While individuals holding virtual currencies are considered to possess virtual property, their trading activities are not protected by law. This article will outline mainland China's regulatory policies and introduce some major global virtual currency trading platforms, emphasizing that their use must comply with local laws and regulations, and warning of associated risks.
Policies and Regulations
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What is the difference between Bitcoin and blockchain? A guide to understanding the relationship between underlying technology and upper-layer applications
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How is the CULT token? An analysis of CULT DAO's mechanism and current development status
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WTI and Brent crude oil rose in early trading as the Democrats' victory in the US midterm elections prompted markets to await policy moves from Washington.
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What is Bitcoin Cash (BCH)? An Analysis of Total Supply and Issuance Date
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What is ERC-20? A Comprehensive Guide to Ethereum’s Fungible Token Standard
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Fundamental Analysis and Trading Channel Status of OAX Token
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Iranian Deputy Foreign Minister: Seeking a diplomatic path to end the US-Israel war, but "prepared for any scenario"
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What is QBX? An Analysis of the QBX Token, Trading Channels, and the qiibee Ecosystem
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IRGC says four oil tankers struck by mines and catch fire in Strait of Hormuz, and shoots down US MQ-9 drone
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Spot gold gained 2% to break through the $4,000 threshold, while silver surged 4% as the Democrats winning control of Congress dragged down the US dollar.
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