Tag: crypto payments China

Are Crypto Payments Allowed in China? 2025 Regulations Explained

Are Crypto Payments Allowed in China? 2025 Regulations Explained

As of 2025, crypto payments are completely illegal in mainland China. The government bans all cryptocurrency transactions, trading, and ownership, favoring its own digital currency, the e-CNY, for domestic payments. Cross-border blockchain projects like mBridge are allowed, but only under strict state control.