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

News Snapshot:

A Chinese language intermediate court docket primarily based in Beijing not too long ago upheld a decrease court docket’s ruling which decided that cryptocurrency is a digital property protected by the regulation. The court docket clarified that rules issued by the Financial institution of China and others solely prohibit the circulation of digital forex. ‘Financing Behaviour Prohibited by the Regulation’ An intermediate court docket in China not too long ago upheld a decrease court docket’s ruling that designated litecoin a digital property protected by the nation’s legal guidelines, a report has stated. The court docket clarified that the nation’s related…

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