Then came the bans on bitcoin mining. Cryptocurrency bans in China are getting tougher every day. China Bitcoin Ban Lawyer Says Occasional Btc P2p Exchange Is Legal Btcmanager Kyle Bass Cryptocurrency Trading Cryptocurrency News In general cryptocurrency can be obtained and held in China through legal means. Is crypto trading legal in china . China has recently been issuing regular advisories and taking steps to deter the use of cryptocurrency in the country. The Supreme Court of the northern Shandong province in China has ruled that cryptocurrency is not protected by law. The ruling contradicts one. As a result many exchanges have stopped serving their customers in China. The plaintiff lost over 10000 in 2018 amidst the Chinese Central Banks ban on financial institutions supporting crypto transactions. It is legal to own bitcoins in China says Sa Xiao Council Member at Bank of China Law Research Association cited by The Beijing News. 2 days agoBitcoin slumped to