O método que vocês precisam!

Previously, I provided a buying guide for cryptocurrency friends, which has been read by over 100K people. The buying guide mentioned the current chaotic situation of C2C, especially pointing out that most C2C merchants on the Binance platform do not operate according to the corresponding C2C rules, leading to attacks by a few merchants, which was expected. From the early articles released, it also reflected the obstacles cryptocurrency friends are currently facing in purchasing and withdrawal issues. Today, we will deeply analyze the withdrawal and currency outflow issues in mainland China.
1. Legal issues faced
The People's Bank of China explicitly banned token issuance financing (such as ICOs) and the operation of virtual currency exchanges in the announcement on preventing risks of token issuance financing issued in 2017. In 2021, the notice on further preventing and handling speculation risks in virtual currency transactions further strengthened this regulation. It clearly states that overseas virtual currency exchanges providing services to residents in mainland China via the Internet are also considered illegal financial activities, and financial institutions and non-bank payment institutions are not allowed to provide services for virtual currency-related business activities. The notice emphasizes a strict crackdown on illegal operations, financial fraud, and other criminal activities in virtual currency-related business activities in accordance with the law.