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3232Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules
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Fri, 16 Sep 2022 22:30:30 +0000https://www.digit.info/2022/09/16/cryptocurrency-is-virtual-property-that-is-protected-by-law-chinese-court-rules/Read more]]>A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and others only prohibit the circulation of virtual currency. ‘Financing Behaviour Prohibited by the Law’ An intermediate court in […]
A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and others only prohibit the circulation of virtual currency. ‘Financing Behaviour Prohibited by the Law’ An intermediate court in […]