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Bitcoin (BTC/USD), Litecoin (LTC/USD) – Despite ban, Chinese court

September 16, 2022
Source: justicenewsflash.com justicenewsflash.com
News Snapshot:
Despite China’s ban on digital asset services, a Chinese court has ruled that its people can continue to trade cryptocurrencies. Especially China already forbidden Trading cryptocurrencies that pose a risk to the stability of the financial system. according to a Verdict by the No. 1 Intermediate People’s Court in Beijing, interested investors are only allowed to trade in cryptocurrencies, which should be considered virtual assets rather than a form of legal tender. The decision was made in a case concerning a Litecoin LTC/USD Loans with a promise to receive interest payments in other digital currencies. Depending on the individual case,...
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