A high court in China is saying Bitcoin is protected by law and has economic value – TECHTELEGRAPH

– The court said that Bitcoin has economic value, while hearing a dispute between two individuals. – The High People's Court is the highest court in a Chinese province. – China has banned all crypto transactions and mining within its borders in 2021. A new ruling from the Shanghai High People's Court in China has given a new spin to the country's tryst with cryptocurrencies. While China's ouster of The ruling in question declared Bitcoin as a virtual asset that is protected by Chinese law, and has economic value. "In the actual trial practice, the People's Court has formed a…