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A comment on China declares cryptocurrency deals ‘illegal’.

Re:China declares cryptocurrency deals ‘illegal’ by spywaregorilla on Friday September 24, 2021 @10:52AM (#28643240)
How much BTC is likely to be held in accounts that can no longer legally trade?
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Re:China declares cryptocurrency deals ‘illegal’ by gruez on Friday September 24, 2021 @10:57AM (#28643332)
AFAIK there aren't any exchanges in mainland china, so everyone there has their crypto in offshore accounts that aren't subject to such regulations.
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Re:China declares cryptocurrency deals ‘illegal’ by spywaregorilla on Friday September 24, 2021 @09:51PM (#28649723)
Pretty sure it's still illegal for Chinese citizens to use them.
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Re:China declares cryptocurrency deals ‘illegal’ by gruez on Friday September 24, 2021 @11:02PM (#28650094)
So with this recent announcement, it's super duper illegal for them to use it? That's not really much of a change from a few weeks ago.
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Re:China declares cryptocurrency deals ‘illegal’ by Jensson on Saturday September 25, 2021 @01:53AM (#28650845)
No, it was never illegal for private citizens to use them before, they just banned the exchanges. Now any transaction is illegal.
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