Here are answers to the most frequently asked compliance questions lately:

Can individuals hold crypto? There’s no explicit ban at the policy level, but in reality, it’s getting increasingly difficult to move money in and out.

Is it safe to use a Hong Kong entity? Don’t be so naive. Regulators focus on substance—where your users are and where the money is coming from—that’s what really matters.

Is inviting people into groups a violation? This time it’s made very clear: WeChat groups, Telegram groups, or even sending a registration link all count as illegal solicitation.

Is doing technical development always safe? It’s still within the scope of enforcement. Saying “I’m just a coder” won’t hold up legally. Technical service providers are still held responsible.