European Exchange is legal outside mainland China. OUYI is registered and regulated in Seychelles. Operations are also legal in most other countries. A person's place of residence and local laws and regulations are key factors. Before using OUYI services, it is recommended to consult professional legal counsel.
Is trading on EuroExchange legal?
Short answer: Legal outside mainland China.
Detailed description:
European Exchange (formerly Binance) is a digital asset trading platform that provides cryptocurrency trading services. Its legality varies according to the laws and regulations of different countries.
In Mainland China:
- Cryptocurrency trading was banned by the People’s Bank of China (PBOC) in September 2019.
- Therefore, Eurex Exchange is illegal in mainland China.
Outside mainland China:
- European Exchange is registered and regulated in Seychelles.
- European Exchange’s operations are legal in most other countries/regions.
Factors to consider:
- One’s place of residence and local laws and regulations.
- European Exchange regularly updates its list of operating countries.
- It is recommended to consult professional legal counsel before using Eureka Exchange services.
Note:
- There is great volatility in the cryptocurrency market and investment is risky.
- Make sure you understand the risks and take appropriate steps before trading on Eureka Exchange.
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