Chinese Court Rules Cryptocurrency Ownership Legal Despite Trading Ban
• 1 min read
A Shanghai court has declared personal cryptocurrency ownership legal in China, classifying digital assets as 'virtual commodities with property attributes'. While individuals can hold crypto assets, the ruling maintains strict prohibitions on commercial crypto activities including trading and mining.
Chinese Official Sentenced to Life for Selling State Secrets for Cryptocurrency
• 1 min read
A Chinese court has handed a life sentence to a government official who sold state secrets in exchange for cryptocurrency payments. The case highlights the intersection of espionage, financial desperation, and digital currencies, raising concerns about national security.