In China, the trading of Bitcoin and other cryptocurrencies is strictly regulated, and any form of cryptocurrency trading and arbitrage activities must comply with national laws and regulations. The Chinese government clearly prohibits illegal trading and speculation in cryptocurrency in order to protect the property safety and social stability of the people. We firmly support the relevant national policies and remind the public not to participate in any illegal financial activities, including high-risk arbitrage. We recommend that the public invest in state-recognized formal financial products to ensure asset safety and legal compliance.