News Snapshot:
[Technology] Bitcoin is now property protected by Chinese law Key facts: A legal dispute forced the court to review and rule on the cryptocurrency. The court ruling would force the government to review the ban on cryptocurrencies. A Chinese High Court has recognized bitcoin as property protected by law, putting a new spin on the legal aspects related to cryptocurrencies, several months after the Central Bank declared all activities related to crypto assets illegal. “In the actual practice of the trial, the People’s Court has formed a unified opinion on the legal position of bitcoin and identified it as a...
