#BTC再创新高

Is it illegal for individuals to buy and sell Bitcoin? Many people are still confused. The '9.24 Announcement' in 2021 clarified that buying and selling digital currencies is neither supported nor opposed by law; any profits or losses must be borne by oneself.

If you exchange Bitcoin for USDT, whether buying or selling, no one will interfere with the simple act of trading. Feel free to buy when you want to, and you can also sell freely.

However, there is a key point to pay attention to when receiving payments for selling USDT. If you sell the coins, and the money enters your bank card, but that money is dirty money obtained through illegal activities, then problems can arise. In this case, it would be considered illegal. Once the police trace the involved funds and find your unclear payment, if you can't explain where the money came from, you will have to take responsibility.

Therefore, individual buying and selling of digital currencies is not illegal in itself, but if you receive payments through a bank card that are not clean and are associated with dirty money, that is indeed illegal. If one day you accidentally encounter such troublesome matters, as long as you can prove that you are innocent and have been wrongly implicated, the worst-case scenario would be losing some money, but not being taken to jail.

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