Is it legal to buy Dogecoin in China?

According to my country’s current laws and regulations, the act of purchasing Dogecoin is legal, but please note: 1. Choose a formal trading platform; 2. Understand the risks of digital currency fluctuations; 3. It cannot be used as legal currency; 4. There is no supervision yet. Clearly, there is a risk of policy changes.

Is it legal to buy Dogecoin in China?

Legal

According to my country’s current laws and regulations, the act of purchasing Dogecoin itself is not illegal. Digital currency has not been explicitly banned in my country, nor has it been included in the scope of legal tender.

Notes:

• Choose a formal trading platform: You should choose a formal and compliant digital currency trading platform for transactions to ensure the safety of funds.
• Understand the risks: The digital currency market is highly volatile, and you need to fully understand the risks of purchasing digital currencies.
• Cannot be used as legal tender: Digital currencies cannot be used directly for daily consumption or payment of taxes.
• Supervision is not clear yet: At present, my country’s supervision of digital currencies is not clear yet, and there may be risks of policy changes.

The above is the detailed content of Is it legal to buy Dogecoin in China?. For more information, please follow other related articles on the PHP Chinese website!