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What are the rules for foreigners holding accounts at BTC China? Is it legal and alright or is there any rule or law against foreigners trading there?
I've seriously considered switching to BTC China a few times because trading BTC/CNY means I don't need to hold worthless american toilet paper when not holding BTC. But I have, as said, some questions as to the legality of foreigners holding CNY at an exchange in China.
I've seriously considered switching to BTC China a few times because trading BTC/CNY means I don't need to hold worthless american toilet paper when not holding BTC. But I have, as said, some questions as to the legality of foreigners holding CNY at an exchange in China.
I think there is no problem for foreigners to register an account and trade in China. The only problem is that it is not easy for foreigners to exchange CNY with USD or GBP.
After all, it is not easy to identify whether you are Chinese or not, since the platform only accept CNY.
