This new regulation was approved on April 17, signed on May 5, but only announced today, and it takes effect on July 1. Clearly, this was rushed through like an imperial edict Everyone must be wondering how individuals can file for U.S. stock investments, right? The answer is: there’s no filing process for individuals But since cryptocurrencies are legally defined as 'virtual commodities' in China and not 'investment targets,' this basically forces Chinese U.S. stock investors to buy tokenized stocks from exchanges now