Cryptocurrency Q&A
Is bitcoin mining illegal in China?
Is bitcoin mining illegal in China?
Silvia
Fri Jun 21 2024
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7
answers
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7 answers
Stefano
Sun Jun 23 2024
Nevertheless, Beijing Arbitration Commission (BAC) recognizes cryptocurrencies as virtual commodities.
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CryptoVeteran
Sun Jun 23 2024
The Chinese government has, however, imposed restrictions on ICO projects since 2017.
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EnchantedSky
Sun Jun 23 2024
Despite these restrictions, China does not prohibit individuals or entities from mining bitcoins.
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HanjiArtistry
Sun Jun 23 2024
Regarding the legality of bitcoin mining, it is important to clarify that it is not illegal.
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Davide
Sun Jun 23 2024
It is worth noting that China is not fond of cryptocurrency exchanges operating within its territory.
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