Shanghai Court Declares Cryptocurrency Legal Property in China

Quick Summary:

This opinion came from a 2017 business dispute, where a company failed to issue a token as promised, leading to a partial refund.

Recently there were rumors that China will lift its crypto ban and this judgment hints that things will change soon in China.

Despite the legal clarity on ownership, China’s crypto regulations remain contradictory.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United StatesChina

Topics: News Crypto Regulations

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 11:07:29 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 311 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23735558

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 31 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

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Publisher ID: #112

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