chinese court

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Chinese Court Rules Cryptocurrency Is Not Protected by Law Citing Lack of Legal Status

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A Chinese high court has issued a public statement affirming that trading or investing in cryptocurrency is not protected by law, citing crypto assets’ lack of legal status in China. Chinese Court States Crypto Not Protected by Law The high court in China’s northern Shandong province issued a public statement Sunday clarifying that cryptocurrency is … Read more

China’s Supreme Court Recommends Increasing Crypto Property Rights Protection

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The supreme court of China has recommended increasing the legal protection of property rights, including digital currency ownership rights. The recommendations also focus on solving issues such as “the use of public power to infringe private property rights, illegal seizures, and freezing of private enterprise property.” China’s supreme court and the National Development and Reform … Read more