Legal Analysis: It is illegal in China. Gec, the full name of Green Venture Coin, is called "Environmental Venture Coin" in Chinese. It is claimed to be initiated by the World Environmental Venture Foundation and is a P2P digital currency. According to media reports, gec currency is an out-and-out capital sector. According to the laws and regulations of China, gec currency is illegal in China.

Legal basis: People's Republic of China (PRC) Law on Prevention and Control of Environmental Pollution by Solid Waste Article 1 This Law is formulated for the purpose of protecting and improving the ecological environment, preventing and controlling environmental pollution by solid waste, safeguarding public health, maintaining ecological safety, promoting the construction of ecological civilization and promoting sustainable economic and social development.