China has banned all major crypto exchanges since 2021. Binance, Coinbase, Kraken, and others are blocked. While owning crypto isn't illegal, using Chinese banks or IDs to trade can lead to fines or prosecution. The ban remains strict in 2026.
China has banned all major crypto exchanges since 2021. Binance, Coinbase, Kraken, and others are blocked. While owning crypto isn't illegal, using Chinese banks or IDs to trade can lead to fines or prosecution. The ban remains strict in 2026.