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China Passes Law Protecting Cryptocurrency Inheritance


China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum...

Chinese Court Rules Bitcoin Is Asset Protected by Law


A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under...

Cryptocurrency Trading Surges in Malaysia as Lockdown Cripples Economy


Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value...

Chinese Court Declares Ethereum Legal Property With Economic Value


A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender...

Is Online Gambling With Bitcoin Legal?


All over the world Bitcoin has assumed importance. Now, what exactly is Bitcoin? It is a kind of cryptocurrency that can actually be decoded into long letters and numbers. Actually, a mathematical algorithm is employed to generate these Bitcoin through encryption of these letters and numbers....

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