"Trading virtual currency is not an illegal crime. It is legal to sell virtual currency, which exists legally in China, but it is illegal to use virtual currency to engage in illegal activities. It is illegal to engage in securities, futures and insurance business without the approval of the relevant competent departments of the state, or illegally engage in fund payment and settlement business.

According to China's Criminal Law of People's Republic of China (PRC), all acts that endanger national sovereignty, territorial integrity and security, split the country, subvert the people's democratic dictatorship and socialist system, disrupt social and economic order, infringe on state-owned property or property collectively owned by working people, infringe on citizens' private property, infringe on citizens' personal rights, democratic rights and other rights, and other acts that endanger society are crimes that should be punished according to law. "

legal ground

Article 13 of the Criminal Law of People's Republic of China (PRC) defines crime. All acts that endanger national sovereignty, territorial integrity and security, split the country, subvert the people's democratic dictatorship and socialist system, disrupt social and economic order, infringe on state-owned property or property collectively owned by working people, infringe on citizens' private property, infringe on citizens' personal rights, democratic rights and other rights, and other acts that endanger society are crimes and should be punished according to law.