💣Is it illegal for individuals to buy and sell Bitcoin?
Buying and selling Bitcoin itself is not illegal. If you want to exchange Bitcoin for USDT for purchase or sale, no one usually interferes whether you buy or sell USDT.
The key is whether you use a bank card to receive payment when you sell digital currency. If the money received by the bank card is the funds involved in the case (i.e. black money), then you will be involved in illegal behavior.
There are currently no laws and regulations that clearly stipulate that buying and selling Bitcoin is illegal. The announcement on September 24 only informs the public that buying and selling digital currencies is not protected by law, and profits and losses must be borne by themselves.
The act of using a bank card to sell digital currency itself is not illegal. But if you receive black money for this, the police may trace it back to you. At that time, if you cannot prove your innocence, you will face legal risks.
The illegal link mainly lies in whether the bank card payment is legal. Normal digital currency trading is not illegal.
If you are an innocent victim, you can seek help from a lawyer or prove your innocence. In this way, you may only lose some money without facing more serious legal consequences.
Recently, I have been observing the primary market and found that the puppies project on the Ethereum chain has great potential. Musk also mentioned it in his tweet, which is worth paying attention to. #puppies会是下一个shib
