By en.coin-turk.com on September 26, 2023
A report released by a local court in Shanghai, China has caught the attention of the crypto community. According to the report, Bitcoin has been recognized as a unique and irreproducible cryptocurrency by the court. Furthermore, the court officials stated that Bitcoin’s supply is limited and therefore it has a natural value. The court accepted Bitcoin as a commodity. This could lead to more legal rights being granted to Bitcoin and other cryptocurrencies in China. The Process that Begins with Bitcoin The report published by the court on September 25 has drawn everyone’s attention. The report, which discusses the development of internet technologies, focuses on the development in this sector towards cryptocurrencies. The report highlights the uniqueness and irreproducibility of many assets, including Bitcoin, and opens up a different perspective for Bitcoin; it is definitely not similar to other cryptocurrencies. The report sheds light on many aspects of Bitcoin. It […]
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