China’s Crypto Stance Takes A Hit As Shanghai’s Top Court Upholds Bitcoin As Property

A top court in Shangai, China’s biggest city and a global financial hub has upheld Bitcoin as property under Chinese laws, pitting the government against its own anti-crypto stance. According to a report published by the Shanghai Baoshan District People’s Court, Thursday, May 5, the court stated that “Bitcoin as a virtual property, has property attributes …

The post China’s Crypto Stance Takes A Hit As Shanghai’s Top Court Upholds Bitcoin As Property appeared first on Coindesk News.

Read the entire article here.

RelatedNews

Signup today for free and be the first to get notified of breaking news.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

SIGN UP FOR OUR NEWSLETTER

Sign up for Breaking Alerts, our newsletter putting timely and updated stock and crypto markets news into your hands.

Add New Playlist