According to the provisions of the Criminal Law of People's Republic of China (PRC), speculation will be regarded as illegal fund-raising, and the maximum penalty is fixed-term imprisonment of not more than three years or criminal detention and a fine. Virtual currency exists legally in China, but it is illegal to use virtual currency to engage in illegal activities. Therefore, it is illegal to speculate in China. We should abide by the laws and regulations of the country and stay away from any illegal acts.