China’s Merchants are Legally Allowed to Accept Bitcoin and Crypto

China’s Merchants are Legally Allowed to Accept Bitcoin and Crypto


As reported by CnLedger, a trusted cryptocurrency news source in China, the country’s merchants can legally accept crypto as a payment method. According to local reports, the Shenzhen Court of International Arbitration officially recognized Bitcoin as a property, allowing individuals and businesses to own and transfer Bitcoin without being in conflict with existing financial regulations.

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Posted by Joseph Young on October 27, 2018 @ https://www.ccn.com/chinas-merchants-are-legally-allowed-to-accept-bitcoin-and-crypto/

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