[ad_1] Regardless of imposing a serious cryptocurrency ban one yr in the past, the Chinese language authorities nonetheless protects native crypto traders as crypto is acknowledged as digital property protected by the legislation. One of many world’s most hostile nations towards Bitcoin (BTC), China has not but banned the possession of cryptocurrencies, based on David Lesperance, founding father of Lesperance & Associates legislation agency. Crypto holders in China are protected by the legislation in case of theft, misappropriation or breach of a mortgage settlement, Lesperance instructed Cointelegraph. He emphasised that crypto exchanges are nonetheless banned in China. The lawyer referred…