2023-9-1 15:42 |
A recent report from China identifies digital assets, including crypto, as legal properties within the country's legal framework.
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China would not be China if there weren't ways to circumvent strict regulations. Ownership of crypto is still legal and legally protected. Most in the West greatly underestimate the flexibility of the Chinese system.
2022-10-27 21:30 | |
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The Special Administrative Region passed a bill that would create a legal framework for accepting digital currency, but would also allow China to monitor Chinese nationals visiting the territory; the largest cryptocurrency by market cap is trading above $19.5K.
2022-10-18 02:24 | |
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Macau, one of China's special administrative regions with a robust casino industry, is pursuing legal tender status for digital currencies.
2022-10-17 14:15 | |
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Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto.
2022-9-17 14:40 | |
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2022-5-22 17:00 | |
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Under new legal interpretation from China’s Supreme People’s Court, raising funds using cryptocurrency is deemed as an illegal activity in the country, according to South China Morning Post. The post China outlaws crypto fundraising, offenders could face jail sentences appeared first on CryptoSlate.
2022-2-26 06:00 | |
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Key takeaways China’s judiciary is reportedly preparing a legal interpretation of the country’s new crypto regulations to be used in prosecuting defaulters. The new regulations which will reach even foreign entities has crypto-market participants worried.
2021-10-15 21:32 | |
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"We remind the people once again that virtual currencies such as Bitcoin are not legal tenders and have no actual value support." The People's Bank of China [PBoC] has once again raised an alarm abouThe post China: Is the PBoC's new 'reminder' on Bitcoin's status really new appeared first on AMBCrypto.
2021-8-28 04:30 | |
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China cracks down against Bitcoin while El Salvador adopts it as legal tender; who’s making the right move?
2021-7-2 21:54 | |
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The struggle for Bitmain’s control has taken a different turn, with Jihan Wu regaining the position of executive director and legal representative of this Chinese Bitcoin mining rig manufacturer. According to the latest update on China’s business registration record, Macree Zhan will no longer serve in the above capacities but remains a general manager in […] The post Bitmain’s Wu Regains Power Over Micree Zhan As Jihan Named Legal Representative first appeared on BitcoinExchangeGuide.
2020-9-15 18:42 | |
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The supreme court of China has recommended increasing the legal protection of property rights, including digital currency ownership rights. The recommendations also focus on solving issues such as “the use of public power to infringe private property rights, illegal seizures, and freezing of private enterprise property.
2020-7-22 23:30 | |
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Many countries around the world have been making significant progress in terms of their developmental efforts for their own central bank digital currency [CBDC]. China is to unveil its Digital CurrencThe post Bank of Korea announces legal advisory panel for CBDC appeared first on AMBCrypto.
2020-6-16 20:00 | |
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China’s new civil code will include cryptocurrency such as Bitcoin to be part of the legal inheritance.
2020-5-29 23:30 | |
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A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts.
2020-4-29 22:05 | |
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Yang Zuoxing has been arrested by Chinese authorities over a legal dispute. The tech mastermind was previously a core member of Bitmain before founding his own competitor company in 2016. Bitmain’s competitors are slowly fading as it solidifies control over the mining sphere in China.
2019-12-17 00:47 | |
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China’s smart internet courts have applied blockchain and artificial intelligence to decide on millions of legal actions
2019-12-17 04:29 | |
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The People’s Bank of China head office has just made a new regulatory update which clarifies the legal situation for cryptocurrency trading in the country. China is pushing its policy of ‘blockchain, not cryptocurrencies’ to the extreme with a fresh round of regulatory stipulations for the industry.
2019-11-22 15:26 | |
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The Chinese city of Shenzhen, often called the country’s ‘Silicon Valley,’ has reportedly instated new regulatory controls targetting cryptocurrencies. A new legal framework was instituted in the city of Shenzhen recently, a major city in China’s Guangdong region.
2019-11-22 17:10 | |
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Using the Internet is China is very different from virtually anywhere else in the world. Numerous websites are blocked, and this artificial blockade cannot be circumvented that easily. That was, until a new web browser called Kuniao came to market.
2019-11-20 06:00 | |
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China has been making headlines ever since it was revealed that the country is working on its digital currency, with China also accelerating its work on blockchain technology. However, there have alsoThe post China's central bank dismisses reports of legal digital currency issuance appeared first on AMBCrypto.
2019-11-13 12:37 | |
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There have been reports that cryptocurrency exchanges in China will soon be legal and regulated. A leak of one of the issued licenses circulated online today. Chinese blockchain enthusiast Crypto Even (@Crypto_Even) released a screenshot of a Chinese state license for a cryptocurrency trading service.
2019-11-1 18:44 | |
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Update: Since the initial tweet, a founding partner at Primitive Ventures, Dovey Wan, has posted some additional information regarding the claims. We’ve updated the article with her tweets.
2019-11-2 18:44 | |
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John McAfee has had a legal issue with the Chinese Zombie Coin project but now they post a photo, which shows that the US presidential candidate has solved it
2019-11-1 13:30 | |
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A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change.
2019-10-31 18:30 | |
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Bitmain was planning a US-based IPO when Jihan Wu took over as the company’s legal representative in China.
2019-10-30 16:41 | |
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China is officially putting ‘encrypted’ technologies including cryptocurrencies into its legal purview, experts say
2019-10-27 13:23 | |
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China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports.
2019-9-6 15:44 | |
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China's incipient digital currency will apparently "bear similarities" to Facebook's own proposed cryptocurrency and is intended to protect China's 'monetary sovereignty', according to a superior within China's central bank.
2019-9-6 13:40 | |
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China’s incipient digital currency will apparently “bear similarities” to Facebook’s own proposed cryptocurrency and is intended to protect China’s ‘monetary sovereignty’, according to a superior within China’s central bank.
2019-9-8 13:40 | |
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A recent report from Binance Research has looked into the potential characteristics that can be expected for the proposed digital currency of China. As members of China’s government and central bank have indicated, this digital currency will utilize a ‘hybrid’ system that includes blockchain features and other operating technologies.
2019-9-2 23:00 | |
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China’s aggressive push towards cryptocurrency has forced global economies to ensure a common-ground for crypto-innovations within their jurisdictions. Taking a closer into the Chinese government’s crypto initiative, Binance Research released a report that details on the People’s Bank of China’s (PBoC) proposed digital legal tender.
2019-8-29 20:30 | |
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Beijing, China - OceanEx, one of the fastest-growing and reputable cryptocurrency exchanges in the world is announcing that the first project on OceanEx GO! is Jur (JUR). Jur is a blockchain-based ecosystem providing revolutionary trust solutions in the legal and justice industry for any business-related circumstances.
2019-8-12 14:50 | |
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From alleged exit scams to state-sponsored hacking and $6. 1 million Valentines day gifts – it’s all happening in China right now. EtherDelta Busted Police in China have apparently begun investigating crypto trading platform EtherDelta over an exit scam.
2019-8-8 16:00 | |
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Evidence shows EtherDelta was sold to new owners in China and used in an exit scam. Chinese authorities are allegedly taking legal action against the decentralized exchange, according to documents provided by Dovey Wan, a founding partner at Primitive Ventures.
2019-8-8 20:57 | |
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Bitcoin has been declared legal property in China after a court ruling by the Hangzhou Internet Court. The declaration was made following an injunction on a legal dispute between crypto… The post Chinese Court Says Bitcoin is Legal Property, Regulatory Hurdles Still Exist appeared first on CoinCentral.
2019-8-8 16:35 | |
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Chinese police are investigating the activities of the decentralized exchange EtherDelta. This was reported by the managing partner of Primitive, Dovey Wan: “EtherDelta is involved in a major scam in China, police officially take legal action against it,” said Dovey.
2019-8-7 13:03 | |
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Китайская полиция, по некоторым данным, расследует деятельность децентрализованной биржи EtherDelta. В частности, об этом сообщила управляющий партнер фирмы Primitive Дави Ван: JUSTIN and 🤦🏻♀️🤦🏻♀️🤦🏻♀️ EtherDelta is involved in a major scam in China, police officially take legal action against it The actual beneficiaries of EtherDelta are all Chinese after ownership transition in 2017 Highly recommend […]
2019-8-7 10:27 | |
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On Friday, August 2, 2019, the People’s Bank of China (PBoC) supposedly held a video conference in which things that needed to be achieved in the second half of the year were elaborated upon. According to The Block, China’s central bank reported its plans to accelerate its goals with regard to a country-wide digital currency […]
2019-8-3 17:24 | |
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The People’s Bank of China noted that they are going to track the development trend of virtual currencies of China and foreign in order to strengthen Internet financial risk remediation. After mulling over its centrally owned digital currency, China accelerated its research and development, according to the statement released by the People’s Bank of China […] The post China’s central bank fast-tracks R&D of its legal digital currency appeared first on AMBCrypto.
2019-8-3 11:42 | |
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Justin Sun, founder and CEO of the Tron Foundation, could not take part in the dinner with Warren Buffett and canceled it. The official version is that Sun suffers kidney stone disease, but Chinese media report that he is under an order not to leave China.
2019-7-26 12:50 | |
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China is not a bitcoin-friendly country as it has taken a slew of measures to kill the flagship cryptocurrency, which include imposing a blanket ban on all initial coin offerings (ICO) and shuttering crypto exchanges.
2019-7-20 13:48 | |
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A court in Hangzhou, China, upheld Bitcoin’s status as “virtual property. ” The ruling reaffirms that Bitcoin is legal to own in China and indicates to holders that they will be protected by the country’s legal system in disputes.
2019-7-19 06:26 | |
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The legal status of cryptocurrencies in China is a controversial topic. Yet, the Asian country is one of the most developed nations in the field of blockchain. This might change after a major Chinese state-run media went against all the opinions of the government by publishing a financial study that highlights the potential of alternativeRead MoreRead More.
2019-6-30 15:00 | |
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The legal status of cryptocurrencies in China is a controversial topic. Yet, the Asian country is one of the most developed nations in the field of blockchain. This might change after a major Chinese state-run media went against all the opinions of the government by publishing a financial study that highlights the potential of alternativeRead MoreRead More.
2019-6-30 15:00 | |
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Good news for the Chinese crypto community. Xiao Wei, a Council Member at the Law Research Association of the Bank of China, shared with the local media that, despite the ban, Chinese citizens can safely.
2019-5-24 10:13 | |
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By CCN: Binance CEO Changpeng Zhao — who is still reeling after a $54 million bitcoin hack — is suing Sequoia Capital China, a unit of California-based venture capital firm Sequoia Capital. In his May 20 legal filing with the High Court in Hong Kong, Zhao claims Sequoia Capital China prevented him from raising capital between Dec.
2019-5-24 02:00 | |
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China, after recently applying stringent regulation to the cryptocurrency market, has offered an update on its stance, saying that… The post China: It Is Legal To Own Bitcoins, Crypto Trading Still Banned appeared first on Invest In Blockchain.
2019-5-23 12:28 | |
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A member of the Bank of China Law Research Association says sporadic bitcoin (BTC) trading isn’t illegal in the country despite the trading ban enacted in 2017. This new revelation by cnLedger, a cryptocurrency news source that focuses on China, begs the question of what Chinese law enforcement and regulators would deem “occasional BTC trading.
2019-5-23 12:00 | |
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In a recent report, the Beijing News analyzed a case which involved more than 100 people who were scammed out of 7,000 BTC. Wei Xiao, a council member at the Bank of China Law Research Association, stated that owning bitcoin in China is legal.
2019-5-23 23:45 | |
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