By Fenrihn - 18.02.2020
Is bitcoin legal in china 2020
In China, Bitcoin Is Asset Protected by Law. Shanghai No.1 Intermediate People's Court has reportedly ruled on a bitcoin case that has dragged. China has passed the country's long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin.
The Battle of Bitmain drags on, while the government of Inner Mongolia is cracking down on the local mining industry.
At the end of the week, the digital yuan made an appearance on a banking app, then mysteriously disappeared.
Blockchain headlines The world of blockchain moves fast, and nowhere does it move faster than China. Some users even managed to conduct is bitcoin legal in china 2020 transactions. Later on the same day, the feature disappeared with no explanation, leaving users and speculators puzzled about what CCB was doing with the digital renminbi.
The mining debacles On Aug. Electricity costs for the mines will rise by one third, the government bitcoin 2020 data halving. Blockchain Realin Chinese The chairman and legal representative of MicroBT, a bitcoin equipment manufacturer, has reportedly resigned from his position.
Yang Zuoxing was arrested in while he was still at Bitmain over alleged embezzlement. Jintaiin Chinese The Chinese government wants to use blockchain to manage its social welfare system, according is bitcoin legal in china 2020 a paper co-authored by the Communist Party and the State Council.
Stablecoins are cryptocurrencies pegged to fiat currencies.
Ledger Insights Food for thought Can China successfully export its consortium chain-focused blockchain industry? Will the BSN be as impactful as promised?
When she isn't obsessing over the rise of distributed ledger technology in China, she helps with is bitcoin legal in china 2020.
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