Cryptocurrency Q&A Is USDT illegal?

Is USDT illegal?

Carlo Carlo Thu Dec 26 2024 | 7 answers 1959
I'm wondering if USDT, which is a cryptocurrency asset, is considered illegal in any way. I'd like to understand its legality status. Is USDT illegal?

7 answers

alexander_rose_writer alexander_rose_writer Sat Dec 28 2024
Individuals are permitted to hold USDT, but they must be vigilant about adhering to compliance regulations.

Was this helpful?

253
72
Stefano Stefano Sat Dec 28 2024
It is crucial to steer clear of any illicit activities that may involve money laundering.

Was this helpful?

363
82
Eleonora Eleonora Sat Dec 28 2024
In mainland China, the possession and utilization of USDT are not deemed criminal acts.

Was this helpful?

356
52
Silvia Silvia Sat Dec 28 2024
On the other hand, financial institutions are prohibited from offering services related to virtual currency operations.

Was this helpful?

235
92
Martino Martino Sat Dec 28 2024
Nevertheless, the use of USDT is subject to certain regulatory constraints.

Was this helpful?

239
37
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts