Seven departments, including the National Internet Finance Association of China, have issued a risk warning on preventing illegal activities involving virtual currencies.

In fact, currently, the cryptocurrency market is restricted not only in China but also in the United States, where authorities are preventing their citizens from participating. Many project websites block IP addresses from certain regions in the U.S. Of course, the reasons for these restrictions differ between the two countries: China’s ban is due to the decentralized nature of virtual currencies, which conflicts with our core values. In the U.S., the restriction is likely because they haven't yet figured out how to tax it; once they do, it will probably be allowed.