As @cnLedger explains, the easiest way to buy Bitcoin after the ban is to buy a stablecoin OTC, which is legal in China and can then be sent to any exchange in the world to buy Bitcoin or any other crypto.
Is Bitcoin banned anywhere?
North Macedonia is the only European country where cryptocurrencies like Bitcoin, Etheruem, and others are completely illegal. … The Central Bank also warned its citizens that speculating in cryptocurrencies is a financial risk, as the platforms where these exchanges happen aren’t regulated by law.
Is it safe to buy Bitcoin?
As with buying and trading commodities and fiat (government-issued) currencies, purchasing Bitcoin—a type of cryptocurrency—isn’t free of risk. Bitcoin’s volatile price may make it riskier than stocks and other types of investments, but that volatility can potentially make it more profitable too.