China Banned Crypto? Here's What’s Really Happening in 2025 🇨🇳🚫
Yes, it’s true — China officially banned all crypto trading and mining back in 2021.
No Binance. No Coinbase. No local exchanges. Mining farms were shut down, and banks can’t touch crypto.
🔐 But here’s the twist: Crypto isn’t dead in China.
✅ Holding Bitcoin, ETH, and other tokens? Still legal.
People are trading — just quietly.
P2P deals, OTC brokers, VPNs, and Hong Kong routes keep the crypto gears turning.
💸 In fact, China moved over $86 billion in crypto trades in 2023 alone.
The ban didn’t break the community — it just sent it underground.
⚖️ Fast forward to 2025:
Chinese courts now recognize crypto as legal property — a major win for holders.
👀 And now? Shanghai regulators are openly exploring stablecoin frameworks.
Could this be China’s stealthy comeback to the crypto scene?
🔥 Bottom line:
China may have banned crypto on paper…
But beneath the surface, the market is thriving.
Never underestimate the underground bull 🐂