Under the regulations now in force, no. Notice Yinfa [2026] No. 42, issued by the People's Bank of China and seven other agencies and in effect since 6 February 2026, states that business activities related to virtual currencies are illegal financial activities and that overseas entities and individuals may not, in any form, illegally provide virtual-currency-related services to parties inside China. The same notice repealed Yinfa [2021] No. 237. Which countries and regions the platform itself serves is set out in Binance's own Terms of Use and its list of restricted locations; go by the current pages. This site offers no way around any of this.

Which notice applies now, and what does it say?

The full title translates as the Notice of the People's Bank of China, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Public Security, the State Administration for Market Regulation, the National Financial Regulatory Administration, the China Securities Regulatory Commission and the State Administration of Foreign Exchange on Further Preventing and Resolving Risks Related to Virtual Currencies. Its document number is Yinfa [2026] No. 42 (银发〔2026〕42号); it is dated 6 February 2026 and took effect on the day it was issued. The full text is on the People's Bank of China website (Chinese-language official text, checked October 2026). The sentences that bear directly on this page's question are given below in my own translation; the Chinese text is the authoritative one.

  • “Virtual currencies do not have the same legal status as legal tender.”
  • “Business activities related to virtual currencies are illegal financial activities.”
  • “Overseas entities and individuals may not, in any form, illegally provide virtual-currency-related services to domestic parties.”
  • For activities carried out inside China, such as exchanging legal tender for virtual currency or providing information intermediary and pricing services for virtual currency trading, the notice requires that they be “strictly prohibited without exception and resolutely banned in accordance with the law”.

The third sentence answers this page's question: where the party being served is inside China, an overseas entity or individual providing virtual-currency-related services to it falls within the prohibition, whatever the platform is called and wherever it is based.

Is the 2021 notice, No. 237, still in force?

No, it has been repealed. Notice No. 42 says, in translation: “The Notice on Further Preventing and Resolving the Risks of Virtual Currency Trading and Speculation issued by the People's Bank of China and nine other departments (Yinfa [2021] No. 237) is repealed at the same time.” The regulatory basis to consult now is Notice No. 42.

What does the notice say about individuals who invest?

One sentence addresses investing directly. In translation: where any entity or individual invests in virtual currencies, real-world asset tokens or related financial products in a way that violates public order and good morals, the civil legal acts involved are invalid and the resulting losses are borne by that entity or individual.

Where to read the platform's own terms

Apart from the regulation, which countries and regions a platform serves is set by the platform's own terms. For Binance these are in two places on its official website: the Terms of Use and the List of Prohibited Countries. Terms are revised, so go by what those pages say now.

A different IP address, living abroad, someone else's account

Does a different IP address make it usable? Notice No. 42 turns on whether the party being served is inside China, not on where an IP address appears to be. This site provides no method of this kind.

What if you work or study abroad? Then what matters is the law of the country or region you are in and the platform's terms for that place, and you need to confirm both yourself, item by item. If you are unsure, consult a licensed lawyer there; a Q&A page cannot make that judgment for you.

What about having someone else open an account for you, or using another person's identity? This site neither provides nor recommends anything of the kind.