Shenzhen Court Says Bitcoin Should Be Legally Protected as Property

Shenzhen Court Says Bitcoin Should Be Legally Protected as Property
фото показано с : btcmanager.com

2018-10-28 06:00

An arbitration body in China has ruled that despite the country’s central bank’s ban on cryptocurrency trading, bitcoin should still be legally protected as a property with economic values, Shenzhen Court announced on their official WeChat account on October 25, 2018.

Chinese Court Confirms Bitcoin Protected by Law The Shenzhen Court of International Arbitration published a case analysis on October. . . Read More. The post by Priyeshu Garg appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News.

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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.

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