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

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

Chinese Court Rules Bitcoin Is Asset Protected by Law

A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under Chinese law; the court disagreed, … Read more

China’s Research Institute Updates Crypto Ranking, Review Affected by Pandemic

China’s Center for Information and Industry Development has published its latest crypto project rankings as the country continues to battle the coronavirus pandemic. A total of 37 crypto projects were evaluated and ranked overall this month as well as in three separate categories. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About … Read more