China enforces a total ban on crypto trading, mining, and services as of 2025. Learn how the 2025 regulations impact ownership, the rise of the e-CNY, and why blockchain tech is still encouraged.
As of June 2025, China has banned all cryptocurrency activities-including ownership, trading, and mining. Violations can lead to prison time, asset seizures, and criminal charges. The only legal digital currency is the state-controlled e-CNY.