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Regulation News

Chinese Citizens Can Own Bitcoin Legally: OTC Trading is Also Legal

Chinese citizens are legally allowed to own bitcoin. This was revealed through a recent research report released by Council Member at the Bank of China’s Law Research Association— Sa Xiao Wei. According to Sa Xiao, contrary to popular belief, owning bitcoin in China does not count as a legal offence, even with the ban in

Chinese citizens are legally allowed to own bitcoin. This was revealed through a recent research report released by Council Member at the Bank of China’s Law Research Association— Sa Xiao Wei. According to Sa Xiao, contrary to popular belief, owning bitcoin in China does not count as a legal offence, even with the ban in