The definition of '炒币' in the case is to bypass restrictions and engage in U-commerce, not referring to our normal trading.

introduction
With the rise of digital currencies, virtual currency transactions have become a global focus. In China, the regulatory attitude towards virtual currencies has always been very clear and strict. Recently, a local public security agency in China determined that a case of circumventing the firewall to speculate in virtual currencies was illegal and confiscated the profits from the speculation, which once again highlighted China's legal regulatory stance in the field of virtual currency transactions.

Case Review
In August this year, the public security organs of a certain place found a person named Liao who used an illegal channel to connect to the international network through VPN without authorization, and engaged in virtual currency transactions by buying virtual currency at a low price and selling it at a high price on an overseas trading platform. During his operation, Liao made an illegal profit of 90,000 yuan and provided the studio with eight mobile phones and eight computers as tools for committing crimes. The public security organs finally determined that his behavior violated Article 6 and Article 14 of the (Interim Provisions of the People's Republic of China on the Management of International Networking of Computer Information Networks) and Article 11, Paragraph 1 of the (Public Security Administration Punishment Law of the People's Republic of China).