"Lawyer: What Impact Do China's New Regulations on Assisting Crimes Have on the Crypto Space?" (Author: Liu Zhengyao) Even though judicial interpretations and other regulations are relatively flexible, they cannot recklessly impose criminal penalties on certain behaviors due to the demands of judicial restraint and the limitations of the principle of legality in criminal law; Read the full article:
In the process of buying and selling virtual currencies, trading at prices significantly lower or higher than the market, as well as using encrypted communication software like Telegram and Bat, will be recognized as abnormal behavior by judicial authorities; in practice, it is legal to hold your own virtual currency, but when you want to cash out, you must be extremely cautious.
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