Court Rules: Bitcoin and Crypto Are Property In China and Owning Them Is Legal

In a significant legal decision, the Shanghai Second Intermediate People’s Court has ruled that Bitcoin and other cryptocurrencies are classified as virtual property and can be legally owned by individuals in China. This development has garnered widespread attention from the crypto community, with prominent commentator Ash Crypto highlighting the ruling on X. The court’s decision The post Court Rules: Bitcoin and Crypto Are Property In China and Owning Them Is Legal appeared first on Times Tabloid .

Source: TimesTabloid