Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Recent policy developments regarding virtual currencies have sparked quite a bit of discussion. Let's clarify the most core points:
**Holding and trading cryptocurrencies personally is not illegal**
This is the first and most important point. Don't be scared by various claims. The announcement does not mean banning you from trading cryptocurrencies, but rather a reminder to think carefully—trading cryptocurrencies is a high-risk investment, just like trading stocks or futures, and losing money happens every day.
If you privately play with virtual currencies at home? No problem. No one will do anything to you just because you hold Bitcoin, Ethereum, or other cryptocurrencies. As long as you don't engage in illegal activities like fraud or money laundering, simply holding virtual currencies does not constitute a crime. Risk is on you.
**Here's the key**
The attitude of regulatory authorities is actually: I don't prohibit you from playing, but I want to remind you that this can wipe out your bottom line. This is a risk warning, not a legal ban.
So don't over-interpret. The new trends in 2026 mainly focus on regulating market order and cracking down on illegal activities, not on pushing all retail investors out. Personal, compliant, and lawful holding behaviors are still permitted—just at your own risk.