China Court Classifies Digital Assets As Property Despite Blanket Ban By Government
A People’s Court in China has stated that under the existing legal framework, digital assets have economic value and are still legal property backed by law. In a recently published report cited by local media analyzing t...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
In a recently published report cited by local media analyzing the legality of cryptocurrencies, the court highlighting the criminal law attributes of virtual assets concluded that the assets maintain their attributes as legal property....
Read More: China Court Classifies Digital Assets As Property Despite Blanket Ban By Government
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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