Are bitcoins banned in China?
I'm currently doing business with exchange services in China. Is bitcoin illegal or what kind of requirements I need in order to make transactions with bitcoin?
It isn't really banned thoroughly, but afaik you cannot accept btc as a form of payment in there anymore. But you can always buy them. The mining scene in China is pretty much active, and the last time I read is that they have the most hashrate in the whole network.