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Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules – Regulation Bitcoin News | News Pub

September 17, 2022
Source: newspub.live newspub.live
News Snapshot:
A Chinese language intermediate court docket based mostly in Beijing just lately upheld a decrease court docket’s ruling which decided that cryptocurrency is a digital property protected by the regulation. The court docket clarified that laws issued by the Financial institution of China and others solely prohibit the circulation of digital foreign money. ‘Financing Behaviour Prohibited by the Regulation’ An intermediate court docket in China just lately upheld a decrease court docket’s ruling that designated litecoin a digital property protected by the nation’s legal guidelines, a report has mentioned. The court docket clarified that the nation’s related administrative laws solely...
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