Ledger Nano X - The secure hardware wallet

Author Topic: 📜⁠Chinese legal system commits to treating Bitcoin as ‘virtual property’📜  (Read 71 times)

0 Members and 1 Guest are viewing this topic.

Offline Kriptolab

  • Global Moderator
  • Sr. Member
  • *****
  • *
  • Topic Author
  • Taucoin Pioneer
  • Posts: 291
  • Total likes: 49


Bitcoin (BTC) has gained legal recognition by a second Chinese court in a further boost for the cryptocurrency in one of its harshest environments.

A watershed for Bitcoin in China

According to investor Dovey Wan, who linked to local media coverage, the Hangzhou Internet Court formally described Bitcoin as virtual property on July 18. 

The second such court to attribute property status to Bitcoin, the ruling came about as part of a dispute between a now-defunct exchange and one of its users who lost funds. 

For Wan, the case marks a significant watershed for Bitcoin in China, where a blanket ban on trading it has been in place since September 2017. 

Continued ▶️⏯▶️
🏆TAU - True Asset Unit || The Decentralized Coin || An Experimental Proof of Transaction Coin On Mobile Mining || POT🏆



📜The State of Wyoming Passed a Bill to Legalize cryptocurrencies as Money📜

Started by Kriptolab

Replies: 0
Views: 106
Last post February 02, 2019, 04:59:09 AM
by Kriptolab
📜Luxembourg Passes Blockchain Framework Bill Into Law📜

Started by Kriptolab

Replies: 0
Views: 124
Last post February 15, 2019, 11:31:02 AM
by Kriptolab
📜Russian State Duma Defers Consideration of Bill On Digital Financial Assets📜

Started by Kriptolab

Replies: 0
Views: 101
Last post March 23, 2019, 08:15:49 AM
by Kriptolab
📜Russia Adopts Bill Aimed to Provide Domestic Crypto Legislation in Second Read

Started by Kriptolab

Replies: 0
Views: 72
Last post March 05, 2019, 07:44:01 PM
by Kriptolab
📜Crypto Regulation Passed📜

Started by Kriptolab

Replies: 2
Views: 118
Last post March 12, 2019, 06:52:39 PM
by Kriptolab