Tag: Virtual Currency

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

By admin September 16, 2022 bank of china, Cryptocurrency, litecoin, LTC, network currency, Regulation, Virtual Currency, Virtual Property 0 Comments

A Chinese intermediate court based in Beijing recently upheld a lower court’s 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......

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Report: Chinese Customs Authority Confiscates 49 Old ASIC Antminers

By admin February 22, 2022 ASIC Antminers, China Bitcoin Miners, China Bitcoin Mining, China crackdown, crypto mining, Regulation, Virtual Currency 0 Comments

Chinese authorities continue to crackdown against bitcoin miners after they seized 49 second-hand Bitmain ASIC Antminers from unnamed individuals that recently attempted to smuggle in the devices using falsified documents. Devices to Be Disposed of in Accordance With Regulations Huangpu Customs......

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