🚨 Is it illegal for individuals to buy and sell Bitcoin?
In simple terms, buying and selling Bitcoin as an individual is not illegal. You can freely purchase USDT, and no one will arrest you; similarly, selling USDT is also fine, unless it involves illegal funds.
The key point is that when you sell coins, if you receive payments via bank card, and the funds received are "dirty money"—i.e., funds related to a criminal case—then you may be violating the law.
In fact, there is no law that explicitly prohibits buying and selling Bitcoin. The announcement on September 24 is just a reminder that digital currency transactions are not protected by law, and profits and losses are at your own risk. Therefore, normal buying and selling behavior itself is not illegal. The issue arises from whether you have received illegal funds; if the police trace it back to you and you cannot prove the legal source of the funds, it may involve legal issues.
In short, the illegal aspect mainly revolves around whether the funds are clean when you receive them via bank card. If you are merely an innocent victim and can prove your innocence, you typically will not face serious legal consequences, at most losing some money, and you won’t end up serving a long prison sentence.
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