CAT 
The Shanghai High Court has ruled that cryptocurrencies possess “property attributes” under Chinese law, affirming their value as virtual commodities. However, the court upheld China’s strict prohibition on using crypto for commercial activities such as token issuance and speculative trading,…
Go here to Read this Fast! Shanghai court recognizes crypto as property but bans business activities
Originally appeared here:
Shanghai court recognizes crypto as property but bans business activities
