Chinese scholars acknowledge Bitcoin as property, signaling a potential shift in the country's stance on cryptocurrency. This recognition challenges previous perceptions and may lead to a relaxation of the Bitcoin ban. Market responds positively, with Bitcoin price rising by 1.90% to $64,897.90.
Huang BoChinese Bitcoin miners are expanding to Ethiopia for cheap electricity and opportunities, but face challenges like regulatory uncertainty and environmental concerns, requiring a balanced approach for sustainable growth. Success depends on navigating these challenges while benefiting both the industry and the host country.
JoyThe court's stance is that individuals have the right to own cryptocurrencies unless they are used for illegal purposes or acquired unlawfully.
BrianA Chinese court is arguing that NFTs should be protected under property laws in China.
BeincryptoThe Yuga case raises interesting questions regarding IP rights in the emerging web3 space, where NFTs are now prevalent.
LexologyAs NFT holders look for new ways to monetize their digital collectibles, creators might seek to define what collectors can and can’t do with the original artwork.
CoindeskThe U.K Law Commission has now proposed changes with an intention to clarify what exactly crypto property laws are. In ...
BitcoinistIn posting NFT artwork on social media, a new owner could be breaking intellectual property laws. A “wave of litigation has already begun.”
CointelegraphNot all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud.
CointelegraphA district court in Shanghai ruled for Bitcoin owner’s right to compensation in case involving unpaid loan and decided on Bitcoin legal status in the process.
Cointelegraph