21/07/19 07:00 UTC-4

Bitcoin is recognized as virtual property in China

Bitcoin as Virtual Property
Bitcoin as Virtual Property

In China, Bitcoin is called "virtual property". This does not mean that tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
activity becomes easier, asset ownership protection has appeared. The first court hearing of a Bitcoin ownership violation was held in Hangzhou.

Interesting in the section: Сryptocurrencies and democracy


Bitcoin is "virtual property"

A Hangzhou court confirmed Bitcoin’s status as "virtual property."

The ruling confirms that Bitcoin is currently in legal possession in China, and now all coin owners will be protected from disputes over rights.

The court of China approved the rights to Bitcoin cryptocurrency. Recall, the Minister of Communications and Information Technologies of Iran believes that super-cheap electricity makes the Chinese enter the country to mine cryptocurrency.

Editor: Alyona Nabok

See also: "Launch of the first friendly Zcash fork – Ycash"

#bitcoin #cryptocurrency #China #court



16/08/19 07:00 UTC-4

A Wall Street analyst is confident in the growth of Bitcoin

Yesterday, August 15, a prominent Wall Street analyst and co-founder of Fundstrat Global Advisors financial agency, Tom Lee, said he was confident in the imminent increase in the value of digital gold. According to an interview at Fox Business, by the end of 2019, cryptocurrency could hit a new historic high.

13/08/19 07:49 UTC-4

Ethereum cryptocurrency will be at $1000: survey results

A few days ago, on August 10, Nick Patel, a well-known trader and author of the bestseller about altcoins, conducted a social poll on his Twitter, which concerned the value of the second cryptocurrency by capitalization level – Ethereum. The results showed that more than half of the respondents are sure that the coin rate will be above a thousand US dollars.

31/07/19 05:10 UTC-4

The US Senate held a hearing on regulatory cryptocurrency issues

Following the previous hearings in mid-July, on July 30, the US Senate Banking Committee on the regulatory framework for cryptocurrencies and blockchains held a hearing entitled "Study of the regulatory framework for digital currencies and blockchain."

Fiat money, funds