Cryptocurrency Q&A
Is Bybit legal in China?
Is Bybit legal in China?
DigitalDukedom
Wed May 08 2024
|
7 answers
1363
Excuse me, I've been hearing a lot about Bybit lately, and I'm quite interested in it. However, I'm a bit concerned about its legality in China. Could you please clarify for me if Bybit is legal in China? I've searched online but the information seems to be quite mixed. Some sources say it's legal while others suggest it's not. It would be great if you could provide some clarity on this matter. Thank you in advance for your help.
7 answers
GeishaMelody
Fri May 10 2024
Similarly, Gate.io has also closed mainland China-based accounts.
Was this helpful?
148
51
Elena
Fri May 10 2024
Some exchanges, including Bybit and KuCoin, have recently implemented changes to their services.
Was this helpful?
73
52
Eleonora
Fri May 10 2024
These exchanges no longer permit users from mainland China to open new accounts.
Was this helpful?
299
97
SumoHonor
Fri May 10 2024
This decision is likely due to regulatory considerations and compliance with local laws.
Was this helpful?
94
91
alexander_watson_astronaut
Thu May 09 2024
This trend reflects the increasing scrutiny and regulations surrounding the cryptocurrency industry in China.
Was this helpful?
388
90
Load 5 more related questions
