Change to TrueCurrency Service Area: New Restrictions to Mainland China Users, in Compliance with National Cryptocurrency Mandate

TrueUSD
1 min readDec 22, 2021

Dear TrueCurrency Users,

In response to a new national government mandate, a major TrueCurrency banking partner serving our Asia-based customers has stopped accepting new users from mainland China. This change restricts new accounts for the following TrueCurrencies: TUSD, THKD, TGBP, TCAD, and TAUD.

This means TrustToken can no longer accept any new TrueCurrency user that has a tax ID address or residence address from Mainland China, until a change to the national cryptocurrency policy of Mainland China is enacted.

This change will not not affect existing TrueCurrency users that’s already onboard with PrimeTrust. TrustToken and its partners continue to provide TrueCurrency services for existing users worldwide, including in Mainland China, until further notice.

This change also does not affect entities in China processing with Silvergate or Signet banking partners. Please be aware, all conditions are subject to regulatory change.

TrueCurrency服务地域更新:为遵守国家加密货币的规定,对中国大陆用户的新条款限制

尊敬的TrueCurrency用户:

为了响应国家政府的新规定,为TrueCurrency亚洲客户提供服务的主要银行合作伙伴已经停止接受来自中国大陆的新用户。这一变化限制了该地区新用户铸币/赎回以下TrueCurrency产品:包括TUSD, THKD, TGBP, TCAD, 和 TAUD。

这意味着TrustToken不能再接受任何拥有中国大陆税号地址或居住地址的新TrueCurrency用户,直到中国大陆的国家加密货币政策发生变化。

这一变化不会影响现有PrimeTrust上的TrueUSD用户。TrustToken及其合作伙伴继续为全球现有用户提供TrueCurrencies服务,包括中国大陆,直到进一步通知。

这一变化也将不会对中国大陆的任何实体与Silvergate或Signet银行合作伙伴及工作流程造成影响。请注意,以上所有条件将随监管情况的变化而改变。

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TrueUSD

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