Is OKEX legal in China?

No, Eureka Exchange is illegal in mainland China. Reason: According to the "Notice" issued by the Chinese regulatory authorities in 2021, virtual currency trading is clearly defined as illegal financial activities, including virtual currency trading services provided by Eureka Exchange. Therefore, the exchange is illegal in mainland China.

Is OKEX legal in China?

No, OKEX is illegal in mainland China.

Detailed explanation:

In September 2021, ten ministries and commissions including the People's Bank of China jointly issued the "Notice on Further Preventing and Dealing with the Risks of Speculation in Virtual Currency Transactions", clearly stating that virtual currency transactions are illegal financial activities and any organization and individuals are not allowed to engage in virtual currency transactions.

According to the above regulations, as a virtual currency trading platform, the services provided by OKEX in mainland China are illegal financial activities. Therefore, OKEX is illegal in mainland China.

Note:

Participating in virtual currency transactions in mainland China may face legal risks, including but not limited to:

• Funds frozen or confiscated
• Criminal or administrative penalties
• Civil litigation

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