According to a local news outlet, the court made the statement in a case reference book it shared via WeChat titled "Does Bitcoin Have Property? How to perform return delivery?"
The country is now testing the digital yuan—e-CNY—for use in payments of tax, stamp duty, and social security premiums with Zhejiang, a province in Eastern China, pioneering the effort.
An unknown user of NFT China marketplace has reportedly minted a copyrighted artwork of Ma Qianli, which features a cartoon tiger receiving a vaccine shot, according to local media outlets.
BSV Blockchain launched an online platform in China called the "CSDN Blockchain Engineer Qualification program," which aims to help bitcoin beginners learn how to store data in a Bitcoin network.
The three watchdogs warned against including securities as underlying commodities for NFTs, using digital currencies to pay for them, or direct NFT investment by banks.
China’s central bank plans to expand the pilot to Xiamen, Fuzhou, Tianjin, and cities in Zhejiang province, which will be hosting the Asian Games in September.
In a statement, WeChat said that official verified accounts could display digital collectibles, but secondary sales are banned due to their speculative nature.
A digital asset pyramid scheme that allegedly defrauded over RMB 100 million from 60,000 Chinese investors has been busted by police in Shanghai.
Authorities in Guangzhou cracked down on the mining farm, which consumed over 90,000 kWh but managed to remain hidden by operating in an EV charging station.
An official from Nanjing city wants the law amended to clarify the digital yuan’s position in the payment system, including how banks should handle it.
In the latest installment of the CoinGeek Weekly Livestream, Bitping CEO Dean Little talks about building applications on the blockchain, how the tooling mechanism on BSV can be improved, and more.
Ukrainian-American sports club Tryzub, together with FabriikX and NFTfamiliars, has released two limited edition NFTs to raise money for the besieged Ukrainian government.
