Chinese Civil Court Rules Bitcoin as Legally Protected Property

Chinese Civil Court Rules Bitcoin as Legally Protected Property


A case involving almost half a million dollars in cryptocurrency led to an important new precedent in China. A high Chinese court, the Court of International Arbitration, ruled that Bitcoin and other cryptocurrencies are valuable personal property and are therefore protected under existing Chinese law. The court also stated that there is no law on

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Posted by P. H. Madore on October 26, 2018 @ https://www.ccn.com/chinese-civil-court-bitcoin-are-legally-protected-property/

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