The police caught me doing bitcoin. Whoever commits illegal foreign exchange transactions such as buying and selling foreign exchange or buying and selling foreign exchange in disguised form and disrupts the order of the financial market, if the circumstances are serious, shall be convicted and punished for the crime of illegal business operation. Directors and managers of state-owned companies and enterprises who, by taking advantage of their positions, operate businesses similar to those of their companies and enterprises for themselves or others and obtain illegal benefits, if the amount is huge, shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention and shall also or only be fined. If the amount is especially huge, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined.

Criminal law of the people's Republic of China

Article 225

The crime of illegal business operation violates the provisions of the state and commits one of the following illegal business operations, disrupting the market order, and if the circumstances are serious, it shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also, or shall only, be fined not less than one time but not more than five times the illegal income; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years, and shall also be fined not less than one time but not more than five times for illegal gains or confiscation of property:

(a) without permission, the franchise, monopoly of goods or other goods restricted by laws and administrative regulations;

(2) buying and selling import and export licenses, import and export certificates of origin and other business licenses or approval documents stipulated by laws and administrative regulations;

(three) without the approval of the relevant competent departments of the state, illegally engaged in securities, futures, insurance business, or illegally engaged in fund payment and settlement business;

(four) other illegal business activities that seriously disrupt the market order.