Landmark Ruling: Chinese Court Rejects Crypto Lending Again
Crypto lending activity still falls outside the purview of China’s legal system, ruled a Chinese court in the second ruling of the nation’s kind on Tuesday. Per a press release from the Nanchang People’s Court, lending o...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Per a press release from the Nanchang People’s Court, lending out virtual currency and requesting a return “is not within the scope of civil litigation.”...
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Why this matters
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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