Crypto tax in China
20% tax on crypto gains. Trading banned but holding is not illegal.
- Short-term rate
- 20%
- Long-term rate
- 20%
- Treatment
- Capital gains tax
- Currency
- CNY
How China taxes crypto
China has banned cryptocurrency trading and mining domestically, but holding crypto is not explicitly illegal for individuals. If gains are realized (e.g., through overseas exchanges), they are theoretically subject to a 20% capital gains tax under personal income tax law. Enforcement is complex due to the trading ban. China's stance has been one of the strictest globally, with repeated crackdowns since 2017.
The same rate applies however long you held.
A 10,000 CNY gain, settled
| Held | Rate | Taken | Kept |
|---|---|---|---|
| Short-term | 20% | 2,000 | 8,000 |
This is the arithmetic the app runs on your device. Real liability depends on your residency, income, allowances and how the authority classifies your activity. Treat it as an estimate and check with a qualified adviser before you act.
Elsewhere in Asia
| Jurisdiction | Short-term | Long-term |
|---|---|---|
| Hong Kong | — | — |
| Indonesia | — | — |
| Laos | — | — |
| Macau | — | — |
| Malaysia | — | — |
| Maldives | — | — |
| Singapore | — | — |
| South Korea | — | — |
Headline rate last checked 31 July 2026 · methodology