Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules

A Chinese intermediate court based in Beijing recently upheld a lower courts ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and others only prohibit the

Social Media Users Deride China’s Reported Use of Military Tanks to Intimidate Protesting Bank Customers

Social media users have slammed Chinas reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks exposes the countrys underlying economic problems. Crypto proponents see the issue