China has officially recognized Bitcoin as a valid phenomenon for a second time after a court determined it is “virtual property.” Bitcoin Is ‘Valuable, Scarce And Disposable’ As reported by Caijing quoting the China Securities Journal, a national newsletter published by the Xinhua News Agency, a court in Hangzhou made the judgement during an ongoing dispute between a cryptocurrency exchange and one of its users. The Hangzhou Internet Court said that Bitcoin is “holds theRead MoreThe post Bitcoin Is ‘Virtual Property’ Says Second China Court appeared first on Bitcoinist.com.
