China’s Crypto Stance Takes A Hit As Shanghai’s Top Court Upholds Bitcoin As Property

A top court in Shangai, China’s biggest city and

A top court in Shangai, China’s biggest city and a global financial hub has upheld Bitcoin as property under Chinese laws, pitting the government against its own anti-crypto stance. According to a report published by the Shanghai Baoshan District People’s Court, Thursday, May 5, the court stated that “Bitcoin as a virtual property, has property attributes …

The post China’s Crypto Stance Takes A Hit As Shanghai’s Top Court Upholds Bitcoin As Property appeared first on Coindesk News.

Read the entire article here.

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.