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ASIA-PACIFIC · JURISDICTION PROFILE
China
Restricted
Travel Rule: None
Overview
Mainland China prohibits crypto trading and mining, having declared related activities illegal in 2021. Official policy centres on the e-CNY central bank digital currency, while Hong Kong operates its own separate, permissive regime.
Regulatory framework
Crypto trading, exchange operation and mining are banned; the e-CNY CBDC is being rolled out.
Licensing & authorisation
No crypto licensing is available on the mainland.
AML & Travel Rule
Not applicable to prohibited activities.
Track developments
This jurisdiction isn't yet on the live wire (its regulator doesn't publish a machine-readable feed) — follow the regulator directly.
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