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Owning Bitcoin is (and has been) legal in China
In a recent report, the Beijing News analyzed a case which involved more than 100 people who were scammed out of 7,000 BTC. Wei Xiao, a council member at the Bank of China Law Research Association, stated that owning bitcoin in China is legal. дальше »
2019-5-23 23:45 | |
China Unbans Bitcoin? ‘Occasional’ P2P Exchange is Legal, Says Lawyer
“Sporadic” P2P Bitcoin trading is likely legal in China, a senior lawyer told the national press in unusually optimistic comments this week. Keep Bitcoin Exchange ‘Occasional’ in China Speaking to BJ News, Sa Xiao, Council Member at the Bank of China Law Research Association, argued that China’s current regulation of virtual property includes the right to trade it as the owner sees fit. дальше »
2019-5-22 12:00 | |
Owning Bitcoin Legal Despite Govt Trading Ban, Says Bank of China Council
By CCN: According to Sa Xiao, a Council Member at the Bank of China’s Law Research Association, it is legal for individuals to own bitcoin in China despite the government’s blanket ban on trading. дальше »
2019-5-22 10:31 | |
During Bullish April, Fiat-to-Crypto Exchanges Outperform Crypto-to-Crypto
In its April 2019 Exchange Review, released on May 20, 2019, London-based crypto data analysis firm CryptoCompare found that fiat-to-crypto exchanges performed much better than crypto-to-crypto platforms did over the last month, as cryptocurrency prices rose across the board. дальше »
2019-5-21 20:48 | |
Defunct Exchange Gatecoin Highlights the Need for Regulations for Legal Ownership of Crypto Assets
The fate of users of the now-defunct cryptocurrency exchange Gatecoin lies in the doldrums due to the lack of clear regulations which could fixate the legal ownership of crypto assets. This according to a report by South China Morning Post, published April 22, 2019. дальше »
2019-4-23 23:00 | |
Taming of the Chinese Dragon: All Bark but no Bite; cryptocurrency industry shrugs off regulatory shackles
Part 3, the final segment of China’s regulation of the cryptocurrency industry. Based on the trend of regulation, China has very methodically tried to breakdown the decentralized currency industry. дальше »
2019-4-15 16:45 | |
China wants to destroy ‘wasteful’ Bitcoin mining
China, one of the world’s most prominent blockchain and cryptocurrency forces, wants to put an end to “wasteful” Bitcoin mining. The National Development and Reform Commission (NDRC) has added cryptocurrency mining to its latest list of industries it wants to restrict, or eliminate, Reuters reports. дальше »
2019-4-9 11:17 | |
China Backs Huawei in Suing the U.S. with ‘All Necessary Measures’ – Trade Deal Under Threat?
Telecommunications giant Huawei has been assured of the Chinese government’s full support in its legal challenge against the U. S. Addressing the annual National People’s Congress, China’s Foreign Minister Wang Yi pledged full government support. дальше »
2019-3-9 16:03 | |
Crypto-Exchange BitMEX to Freeze Accounts in the U.S, Quebec to avoid Legal Penalties
BitMEX is going through regulatory pressure and to avoid issues with the SEC the Hong-Kong based exchange has been shutting down users from US and Canada, as reported by South China Morning Post Jan 15, 2019. дальше »
2019-1-17 10:23 | |
UAE: ICO Regulations by Mid-2019 Could Propel the Country’s Cryptocurrency Ecosystem
United Arab Emirates (UAE) is set to become the global leader in the infant cryptocurrency industry as its ICO regulations look to be finalized by mid-2019, reports The National, December 24, 2018. Capitalizing on Absence of Competitors While countries like the U. дальше »
2018-12-27 08:00 | |
Why did Wish send me a push notification promoting an illegal weapon?
Valued at almost $8. 5 billion, Wish is one of the fastest growing e-commerce startups, connecting consumers in the West with vendors and manufacturers in China. It sells a variety of products, from clothing to electronics, all at bargain basement prices. дальше »
2018-11-30 13:40 | |
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. дальше »
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 […] дальше »
2018-11-7 09:50 | |
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. дальше »
2018-11-7 04:00 | |
China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
Indian Officials Consider Ban on “Private Cryptocurrencies”
Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance. дальше »
2018-11-1 22:37 | |
Individuals and Businesses in China Can Now Own and Transfer Bitcoin Legally
CoinSpeaker Individuals and Businesses in China Can Now Own and Transfer Bitcoin Legally Chinese ban is not a problem any more, as the Shenzhen Court of International Arbitration has recently recognized Bitcoin as a legal property. дальше »
2018-10-30 18:13 | |
Bitcoin News: Individuals and Businesses in China Can Now Own and Transfer It Legally
CoinSpeaker Bitcoin News: Individuals and Businesses in China Can Now Own and Transfer It Legally Chinese ban is not a problem any more, as the Shenzhen Court of International Arbitration has recently recognized Bitcoin as a legal property. дальше »
2018-10-29 18:13 | |
Ethereum Price Analysis: China’s Blockchain Assault Continues, ETH Holding Steady
Even though transacting over blockchain platforms is legal, fresh efforts by Chinese regulators and agencies to further bog down privacy is of great concern. Proposals by the Cyberspace Administration of China may be conflicting with laws. дальше »
2018-10-23 05:15 | |
HKEX Report Recommends Crypto Regulation Under Existing Legal Frameworks
The Hong Kong Stock Exchange (HKEX) has released a new report detailing why cryptocurrency and blockchain should come under new regulation based on existing regulatory frameworks. Drafted by the Chief China Economist’s Office and Innovation Lab at HKEX, the report recommends rethinking of the use of blockchain and artificial intelligence (AI) applications to come under […] дальше »
2018-10-22 21:38 | |
China Wants To Stop Anonymous Blockchain Use: Reports
New cybersecurity rules currently out for public consultation in China would notionally force users to provide their real identity to use any kind of Blockchain-based service. Blockchain? You’ll Need Your Name And ID As South China Morning Post (SCMP) reports quoting local media sources, the Cyberspace Administration of China is currently seeking feedback on the proposals, the deadline for which is November 2. дальше »
2018-10-22 15:00 | |
Canadian Blockchain Company Sees Opportunity in Newly Legalized Cannabis
Like Walmart with pork from China and Maersk with shipping containers, DMG Blockchain Solutions (DMG) is hoping to be the first global supply chain company to manage cannabis products on the blockchain, initially in Canada — and then around the world. дальше »
2018-10-18 19:50 | |
With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
Blockchain Records to be Accepted as Legal Evidence: China’s Supreme Court
The court said that blockchain records will be used to authenticate the evidence as it provides a secured, efficient, convenient and low-cost alternative to third-party organizations. The post Blockchain Records to be Accepted as Legal Evidence: China’s Supreme Court appeared first on CoinSpeaker. дальше »
2018-9-12 21:45 | |
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. дальше »
2018-9-11 23:30 | |
Blockchain Evidence Legally Binding, Says China's Supreme Court
Evidence stored and verified on blockchain platforms can be used in legal disputes.
дальше »2018-9-8 22:03 | |
Blockchain can Now be Used to Prove Evidence in Legal Disputes in China
China's Supreme Court announced that blockchain technology can now be officially used to authenticate evidence in legal disputes. The post Blockchain can Now be Used to Prove Evidence in Legal Disputes in China appeared first on CoinSpeaker. дальше »
2018-9-7 15:24 | |
Is Crypto In China About To Hit A Brick Wall?
In two days, we have seen three significant news pieces out of China that all point towards an all out ban on cryptocurrencies from Chinese authorities. As it stands in China, some aspects of crypto are banned and others are totally legal, however it seems that new regulations are coming into force by the day, regulations that are going to put an awful lot of pressure on the crypto community within China. дальше »
2018-8-23 17:30 | |
Chinese Courts Face Hundreds of Crypto Cases, Struggle with Rulings
Falling crypto prices have been blamed for a growing number of crypto-related legal disputes in China. Unclear regulations and unofficial restrictions are making it harder for courts to resolve these cases. дальше »
2018-8-17 06:05 | |
[promoted] GXChain and the Blockchain Data Economy
Imagine a new digital economy, one that allows everyday people to take full control of their personal data. Complete with a public chain for data transactions and application development, this system would foster a trustworthy, domain-wide data exchange that capitalizes on the torrent of advancements taking place through blockchain technology. дальше »
2018-8-1 20:41 | |
One Million PCs “Cryptojacked” in China as Hackers Make $2 Million Worth of Digibyte, Siacoin, and Decred
The largest cryptojacking breach, in terms of sheer scale, came to light in China after local authorities identified a group of hackers who ran an illicit mining operation for over two years. Largest Cryptojacking Breach On July 9, 2018, local news Legal Daily reported a massive cryptojacking spree of a group in China’s Dalian city after suspicious activities pointed to. дальше »
2018-7-12 04:00 | |
Japan aims to become a bitcoin capital. Then it became the hack
As China cracked down on crypto exchanges and South Korea threatened to do the same, Japan stood out as a crypto-friendly nation. In 2017, Japan declared Bitcoin to be a legal form of payment and now has 16 licensed cryptocurrency exchanges. дальше »
2018-6-14 10:57 | |