Hong Kong VASP
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The Current State of Cryptocurrency Regulation in Mainland China: No Official Rankings or Trading Lists in 2023
In 2023, mainland China continued to strictly enforce the comprehensive ban on virtual currencies implemented since 2021, explicitly classifying virtual currency trading and mining activities as illegal financial activities. Overseas exchanges providing services to domestic residents are also deemed illegal. Therefore, there is no official or legal "cryptocurrency ranking" or "virtual currency list" within mainland China. This article will focus on elaborating China's regulatory policies, the development of blockchain technology, and the promotion of the digital yuan.
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The Current State of Cryptocurrency Regulation in Mainland China: No Official Rankings or Trading Lists in 2023
In 2023, mainland China continued to strictly enforce the comprehensive ban on virtual currencies implemented since 2021, explicitly classifying virtual currency trading and mining activities as illegal financial activities. Overseas exchanges providing services to domestic residents are also deemed illegal. Therefore, there is no official or legal "cryptocurrency ranking" or "virtual currency list" within mainland China. This article will focus on elaborating China's regulatory policies, the development of blockchain technology, and the promotion of the digital yuan.
Hong Kong VASP
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