China Passes Law Protecting Cryptocurrency Inheritance

China Passes Law Protecting Cryptocurrency InheritanceChina has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum are properties protected by law. Inherited Cryptocurrencies Protected by Law The third session of […]

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Chinese Court Rules Bitcoin Is Asset Protected by Law

Chinese Court Rules Bitcoin Is Asset Protected by LawA court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two types of cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under Chinese law; the court […]

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