Court Declares Bitcoin Legal in China as a ‘Virtual Property’

2019-7-20 13:48

  China is not a bitcoin-friendly country as it has taken a slew of measures to kill the flagship cryptocurrency, which include imposing a blanket ban on all initial coin offerings (ICO) and shuttering crypto exchanges.

But the latest order by Hangzhou Internet Court suggests that owning bitcoin is not illegal in China as it […]

The post Court Declares Bitcoin Legal in China as a ‘Virtual Property’ appeared first on CCN Markets

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china court bitcoin legal declares property virtual

china court → Результатов: 57


Фото:

Bitcoin Is ‘Virtual Property’ Says Second China Court

China has officially recognized Bitcoin as a valid phenomenon for a second time after a court determined it is “virtual property. ” Bitcoin Is ‘Valuable, Scarce And Disposable’ As reported by Caijing quoting the China Securities Journal, a national newsletter published by the Xinhua News Agency, a court in Hangzhou made the judgement during an ongoing dispute between a cryptocurrency exchange and one of its users.

2019-7-19 15:00


СМИ: китайский суд признал биткоин «виртуальной собственностью»

Суд города Ханчжоу, специализирующийся на рассмотрении дел, связанных с цифровыми данными в интернете, признал биткоин «виртуальной собственностью». Об этом сообщила партнер фирмы Primitive Дави Ван со ссылкой на местные СМИ.

2019-7-19 13:50


Фото:

Bullish on Bitcoin, Bearish on Trade Relations With Jeffrey Tucker

Dave and Grahm are back with news and price narratives around 2019’s top-performing financial asset. This week’s stories include mainstream media’s Bitcoin FOMO, the real story of Laszlo Hanyecz (the guy behind Bitcoin Pizza Day), Dutch authorities taking down Bestmixer, Tether being partially backed by bitcoin and what Libertarian politician Ron Paul thinks about the U.

2019-5-29 16:42


VeChain introduces its Digital Carbon Platform while competition orchestrated a FUD against FunFair

China lifting the Bitcoin ban is fake news A couple of days ago we saw multiple reports come through claiming that China has lifted its infamous “Bitcoin ban”. The reports came out after Shenzhen Court of International Arbitration recognized Bitcoin as “a legal asset to be owned, transferred and utilized as a medium of payment […] The post VeChain introduces its Digital Carbon Platform while competition orchestrated a FUD against FunFair appeared first on CaptainAltcoin.

2018-11-10 22:59


Crystallizing The Significance Of China Court Declaring Bitcoin As Property

A Court of Arbitration based in Shenzhen, China has given a verdict to the surprise of a number of naysayers that cryptocurrency is vehemently backed by the country’s law. The Shenzhen International Court based in southern China set a legal precedent earlier on Tuesday declaring that cryptocurrency should henceforth be considered a legal asset recognized […]

2018-11-7 09:50


Фото:

Chinese Court: Bitcoin Is Property and Protected by Law

A Chinese Court recently ordered a company in a civil dispute to repay a misappropriated amount of cryptocurrency, setting a legal precedent for cryptocurrency-related disagreements. According to a Finance Magnates’ article published on November 5, 2018, despite China’s 2017 cryptocurrency ban, the Shenzhen Court recognized in the civil dispute that cryptocurrencies have economic value.

2018-11-7 04:00


Фото:

Regulations Roundup: Investors Not Protected in China, Albania to Regulate

In recent regulatory news, a court in China’s Futian District has ruled that cryptocurrency investments are not protected by law, Albania’s government has indicated that it intends to develop a regulatory framework for crypto, and the United States Securities and Exchange Commission has published a memorandum from a recent meeting pertaining to the proposed Vaneck […] The post Regulations Roundup: Investors Not Protected in China, Albania to Regulate appeared first on Bitcoin News.

2018-10-24 20:55


Фото:

Blockchain-Verified Evidence Now Admissible in Chinese Courts Following Supreme Court Decision

The South China Morning Post on September 10, 2018, reported that where China has traditionally been dependent on third-party notary organizations for authenticating evidence, blockchain records are now admissible in Chinese courts as authorities set up one of the world’s most advanced resolution systems for internet-related disputes.

2018-9-11 19:00


Chinese Government Accepts Blockchain Records as Evidence in Court

A new ruling from China’s Supreme People’s Court clarified how blockchain records pertain to court processes, ruling that blockchain records are considered as admissible evidence in court. The new ruling regarding blockchain technology is particularly relevant for internet-based legal cases that can present difficulties regarding the accuracy of evidence and information presented to the court.

2018-9-11 23:30


Фото:

Blockchain Evidence is Legally Binding, says China’s Supreme Court

The Supreme People’s Court of China has issued a set of new rules on the trial of internet court cases, part of which is that blockchain can authenticate electronic data entered in as evidence. Blockchain Authentication The court’s ruling issued on Friday sets out new rules to guide the activities of internet courts, and protect […] The post Blockchain Evidence is Legally Binding, says China’s Supreme Court appeared first on Ethereum World News.

2018-9-7 17:35