Bitcoin Decision From the Chinese Court

Bitcoin Decision From the Chinese Court

The day before, there was an important event not only for Bitcoin but also about all cryptocurrencies. As a result of the decision made in a case regarding Bitcoin in a Chinese court, BTC was identified as a "legal property". The Shanghai People's Court No. 1 made such a decision based on the following reasons related to Bitcoin: The crypto money in question had a certain value, a small amount, a poor purpose, controllability and a commodity as a virtual asset.


Bitcoin Decision From the Chinese Court

7 May 2020 1 minute read 1 comment RomaRuslan

The day before, there was an important event not only for Bitcoin but also about all cryptocurrencies. As a result of the decision made in a case regarding Bitcoin in a Chinese court, BTC was identified as a "legal property". The Shanghai People's Co...