Chinese Court Rules - Bitcoin Is Property!

As we know China is the key player in the crypto world, hosting a huge share of Bitcoin mining and trading.

According to a late 2018 study, around 60% of BTC’s total hash power is generated in China.

A Chinese court concluded last week that Bitcoin legally recognized. The Hangzhou Internet Court decision was greeted with enthusiasm by some community members, who assumed that Bitcoin is now a digital and legal property in China.