A new ruling issued by an arbitration body in China states that cryptocurrencies are legally protected property. The ruling, passed by the Shenzhen Court of International Arbitration confirms that Bitcoin is protected by law. An unnamed plaintiff in a dispute settled in Shenzhen argued that the defendant, tasked with managing the plaintiff’s crypto portfolio, failed to […]
Source: Daily HODL
Original Post: Chinese Court Takes Step Toward Recognizing Bitcoin and Cryptocurrency as Legal Property
