Not a Small Account
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The Current State of Virtual Currency Trading Platforms in Mainland China and an Analysis of Feixiaohao Platform
Since 2021, mainland China has completely banned virtual currency-related business activities, and it is also illegal for overseas platforms to provide services to domestic residents. Major trading platforms have delisted mainland users, and regulation continues to tighten. Feixiaohao is not a trading platform but provides cryptocurrency market data and information. It announced in 2021 that it would cease operations in mainland China. Recently, it has experienced team changes and controversies, with the new team claiming to be operating compliantly overseas.
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The Current State of Virtual Currency Trading Platforms in Mainland China and an Analysis of Feixiaohao Platform
Since 2021, mainland China has completely banned virtual currency-related business activities, and it is also illegal for overseas platforms to provide services to domestic residents. Major trading platforms have delisted mainland users, and regulation continues to tighten. Feixiaohao is not a trading platform but provides cryptocurrency market data and information. It announced in 2021 that it would cease operations in mainland China. Recently, it has experienced team changes and controversies, with the new team claiming to be operating compliantly overseas.
Not a Small Account
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