Recently, U Card has been very popular, and it really feels great to use—settlements based on cryptocurrency, cross-border payments instantly received, sounds wonderful. But the problem is, there are many legal risks hidden behind it.

From an operational perspective, the core advantage of U Card is bypassing the traditional cross-border payment regulatory system. However, in our country, the trading, exchange, and related payment activities of cryptocurrencies are strictly regulated. While U Card offers speed, its compliance is indeed controversial—it essentially bypasses some necessary regulatory steps.

Especially in payment scenarios involving mainstream currencies like ETH, ARB, and OP, the risks need to be taken seriously. Convenience often comes with regulatory gaps, and this account must be settled clearly.