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Topic: Bitcoin is permitted by Law, Chinese Arbitration Court Says - page 3. (Read 637 times)

full member
Activity: 420
Merit: 119
All bans, which wrote articles and news, nothing but a means of manipulating the market, nothing more. China is the first to extract Bitcoin and spread panic in their hands.

China really wants to control Bitcoin and manipulate it as you said. Well, I think because of this news, we will see another surge in bitcoin price within the year.
jr. member
Activity: 209
Merit: 1
Semi-Decentralized Exchange
All bans, which wrote articles and news, nothing but a means of manipulating the market, nothing more. China is the first to extract Bitcoin and spread panic in their hands.
jr. member
Activity: 126
Merit: 3
https://bitcoinist.com/bitcoin-permitted-law-china-court/
The Shenzhen Court of International Arbitration recently issued a ruling saying there is no prohibition against Bitcoin ownership and transfer in China. The decision means that despite the ban on ICOs and virtual currency trading, Bitcoin and other cryptocurrencies are legally regarded as property in the country.
Unsurprising since they basically mine the majority of bitcoin in the world. We will see how this would influence other countries.
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