Is Bitcoin legal in China?

Bitcoin investment currently has no clear legal basis to prove its legality in our country, and there is no law prohibiting the development of Bitcoin. Bitcoin is just a technology and method, and there is no argument whether it is a scam, but Different Bitcoin investments may be scams depending on their forms, and may even involve illegal crimes.

The concept of Bitcoin was first proposed by Satoshi Nakamoto on November 1, 2008, and was officially born on January 3, 2009. The open source software designed and released based on Satoshi Nakamoto's ideas and the P2P network built on it. Bitcoin is a P2P virtual encrypted digital currency. Peer-to-peer transmission means a decentralized payment system.