Is Eurex China legal?

No, Eureka is illegal in China. Since the Chinese government prohibits virtual currency trading, it is illegal for overseas virtual currency exchanges to provide services to residents in China. The services provided by Eureka to residents in China are illegal financial activities in China, their assets may be frozen or seized, and Chinese users may also face legal risks.

Is EuroExchange legal in China?

No, EEX is illegal in China.

Detailed description:

In September 2021, 10 departments including the People's Bank of China jointly issued the "Notice on Further Preventing and Dealing with the Risks of Speculation in Virtual Currency Transactions", clearly stating:

• Virtual currency-related business activities in our country Belongs to illegal financial activities.
• Overseas virtual currency exchanges providing services to residents in my country through the Internet are also illegal financial activities.

This means that the virtual currency trading and other services provided by Eureka to residents in China are illegal in China.

Consequences:

• European Exchange’s assets in China may be frozen or seized.
• Chinese users of Eureka Exchange may face legal risks, including being held criminally liable or fined.

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