@astralchime
The emergence of virtual currencies can objectively undermine domestic foreign exchange controls, creating opportunities for illegal arbitrage. Judicial authorities will naturally monitor and crack down on the use of virtual currencies for foreign exchange trading and illegal currency conversion. As a web3 lawyer, I would like to discuss the criminal logic and defense recommendations for crimes involving illegal virtual currency operations within the framework of mainland China's laws and regulations, hoping to benefit web3 practitioners and fellow lawyers.
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