Trading bitcoin and cryptocurrencies is now “a form of illegal capital acquisition” in China, according to the country’s Supreme Judicial Court. Last Thursday, February 24, the authorities of that country indicated that transactions made with “virtual currencies” are illegal, and carry serious penalties. The document makes some amendments to another provision of the Central Bank of China, amendments that will take effect from March 1. Advertising Those suspected of carrying out transactions with large sums of money will face sentences of between 3 and 10 years in prison and fines equivalent to between 8,000 and 80,000 dollars in yuan (RMB)....