Shanghai No.2 Intermediate People's Court of China: Individual holding and speculation of currency are generally not recognized as illegal business crimes The Second Intermediate People's Court and others jointly organized a seminar on the trial of virtual currency crimes, clarifying three key criteria for determination: 1. The subjective knowledge involved in the crime of virtual currency money laundering needs to be comprehensively judged to avoid objective attribution; 2. The essence of the crime of money laundering is to "conceal and conceal the nature of the source of criminal proceeds", and the implementation of the constituent elements constitutes the completion of the act. Strict measures should be taken to combat and maintain financial security; 3. Personal holding and speculation of currency are generally not recognized as illegal business crimes; Those who knowingly provide assistance through virtual currency exchange despite others' illegal buying and selling of foreign exchange, and the circumstances are serious, shall be punished as accomplices in the crime of illegal business operations. In fact, it is not illegal for individuals to hold and speculate on coins, but don't foolishly let others see you as a springboard for their illegal buying and selling. Whether you are playing or trading, you should go to legitimate big platforms such as Binance, OKX, BG, etc. When buying and selling coins, check the real name of the other party's account carefully, and immediately stop trading if it is found to be wrong. Protect yourself and avoid falling into the trap of others