Shanghai court affirms that Bitcoin is virtual property, subject to property rights

Shanghai court affirms that Bitcoin is virtual property, subject to property rights
фото показано с : cointelegraph.com

2022-5-13 00:25

A district court in Shanghai ruled for Bitcoin owner’s right to compensation in case involving unpaid loan and decided on Bitcoin legal status in the process. origin »

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Фото:

Bitcoin Is ‘Virtual Property’ Says Second China Court

China has officially recognized Bitcoin as a valid phenomenon for a second time after a court determined it is “virtual property. ” Bitcoin Is ‘Valuable, Scarce And Disposable’ As reported by Caijing quoting the China Securities Journal, a national newsletter published by the Xinhua News Agency, a court in Hangzhou made the judgement during an ongoing dispute between a cryptocurrency exchange and one of its users.

2019-7-19 15:00