Bitcoin News: Shanghai Minhang Court defined Bitcoin as digital property status. The court argued that BTC is a disposable, exchangeable and exclusive virtual asset. Yesterday, the China District Court published a detailed article on the protection of visible and intangible virtual property. The article cited Bitcoin’s exchange value as the reason for its digital property status. He argues that resources, property, and energy of sufficient value for exchange, in turn, come under virtual ownership. Shanghai Minhang Court emphasized that Bitcoin is a virtual product as it is obtained through legal labor. In addition, disposable, replaceable and special definitions were made....