Bitcoin Is A Property : Chinese Court

The Hangzhou Internet Court made in a ruling recognizing Bitcoin as having legal value as property. Chu, co-founder of Kenetic Capital explained the verdicts, “While exchanges and companies that are trading Bitcoin have been banned in China personal ownership and exchange has not been ruled illegal. This has left space for individual ownership while institutional Chinese trade has moved offshore, but intact.”

Leave a Reply

Your email address will not be published. Required fields are marked *