The trend has now been clearly clarified at the official level. ⚖️

Recently, the Shanghai Second Intermediate Court held a dedicated seminar on
"Legal Uniformity in Virtual Currency Crime Cases,"
with one core purpose:
👉 Stop making baseless accusations.
One point is especially critical for all cryptocurrency traders.

Here's the conclusion:
👉 Purely personal holding and trading of coins
generally are not recognized as illegal business crimes.
This statement carries significant weight.
What does it mean?
As long as your actions do not have "business characteristics,"
for example:

Buying for yourself

Selling for yourself

Bearing your own profits and losses

Not engaging in external matchmaking, channels, or platforms

👉 Usually not treated as illegal business.

But ⚠️ note, the second half is equally important.
If the following situation occurs,
the nature changes directly 👇
👉 Knowing that others are illegally buying and selling or disguised trading of foreign exchange
👉 still providing assistance through "exchanging virtual currency"
👉 and the circumstances are serious
then it is no longer "your own trading."
It becomes:
❌ An accomplice to illegal business.

To put it simply:
🔹 If you trade yourself, it’s not a big problem
🔹 If you act as a channel, bridge, or tool for others, it’s a serious issue
especially:

Helping with currency exchange

Assisting in bypassing regulations

Helping with "money transfers"

Continuing to cooperate despite knowing the purpose is illegal

👉 The law does not recognize this as "currency,"
👉 but as you helping others carry out illegal financial activities.

The signals released by this seminar are actually very clear:
✔️ No broad crackdown
✔️ Distinguish between "personal investment behavior" and "disguised financial operation"
✔️ The core focus: whether it is "business" and whether it is "knowing."
For ordinary investors,
this is a boundary that has been clearly delineated.

To sum up with a message for brothers:
👉 Trading coins is not an original sin,
using coins as tools to engage in illegal financial activities is the red line.
What do you think?
Does this statement count as giving ordinary players a reassurance?