User Policy
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The Current Landscape and Risk Analysis for Mainland Chinese Users of Cryptocurrency Exchanges
Despite strict regulatory oversight of virtual currency transactions in mainland China, which categorizes related activities as illegal financial operations, individual ownership of cryptocurrencies is still considered legal virtual property. As of September 2026, some international cryptocurrency exchanges reportedly still allow mainland Chinese users to complete identity verification or provide services, but users face administrative and criminal risks such as frozen bank cards and foreign exchange violations. This article will analyze the current market situation and highlight potential risks.
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The Current Landscape and Risk Analysis for Mainland Chinese Users of Cryptocurrency Exchanges
Despite strict regulatory oversight of virtual currency transactions in mainland China, which categorizes related activities as illegal financial operations, individual ownership of cryptocurrencies is still considered legal virtual property. As of September 2026, some international cryptocurrency exchanges reportedly still allow mainland Chinese users to complete identity verification or provide services, but users face administrative and criminal risks such as frozen bank cards and foreign exchange violations. This article will analyze the current market situation and highlight potential risks.
User Policy
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