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CRYPTØNOISE
21 Dec 2024
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#MarketPullback
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CRYPTØNOISE
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#BitcoinHashRateSurge demonstrate the strength of the world's most secure blockchain network. Furthermore, after days below $100,000 USD, Bitcoin surpasses $102,000 USD, with an increase of 4.22% in the last few hours. 💡 A clear sign of growing confidence in
6 Jan
#Crypto2025Trends court confirms cryptocurrency ownership as legal A Shanghai court has affirmed that Chinese citizens can legally own cryptocurrencies, such as Bitcoin, classifying them as virtual commodities with property-like attributes. Judge Sun Jie of the Shanghai Songjiang People’s Court clarified this stance, noting that while personal ownership is lawful, business-related cryptocurrency activities remain prohibited. This includes investments, token offerings, and exchanges, which are considered illegal fundraising or destabilizing to the financial system. The ruling emerged during a court case involving an initial coin offering (ICO), reinforcing China’s broader regulatory crackdown on crypto activities. Since 2021, the nation has banned ICOs, cryptocurrency exchanges, and Bitcoin mining to safeguard financial stability. Despite the prohibition on enterprise involvement, Chinese courts have consistently recognized digital assets as property, allowing individuals to possess them. However, the regulatory environment remains complex, as shown by the removal of Yao Qian, a former People’s Bank of China official, amid allegations of corruption involving cryptocurrency. This legal recognition highlights the delicate balance China seeks between enabling personal rights and ensuring financial stability amid evolving global cryptocurrency trends. #BTCNextMove
28 Dec 2024
$BNB court confirms cryptocurrency ownership as legal A Shanghai court has affirmed that Chinese citizens can legally own cryptocurrencies, such as Bitcoin, classifying them as virtual commodities with property-like attributes. Judge Sun Jie of the Shanghai Songjiang People’s Court clarified this stance, noting that while personal ownership is lawful, business-related cryptocurrency activities remain prohibited. This includes investments, token offerings, and exchanges, which are considered illegal fundraising or destabilizing to the financial system. The ruling emerged during a court case involving an initial coin offering (ICO), reinforcing China’s broader regulatory crackdown on crypto activities. Since 2021, the nation has banned ICOs, cryptocurrency exchanges, and Bitcoin mining to safeguard financial stability. Despite the prohibition on enterprise involvement, Chinese courts have consistently recognized digital assets as property, allowing individuals to possess them. However, the regulatory environment remains complex, as shown by the removal of Yao Qian, a former People’s Bank of China official, amid allegations of corruption involving cryptocurrency. This legal recognition highlights the delicate balance China seeks between enabling personal rights and ensuring financial stability amid evolving global cryptocurrency trends. #BTCNextMove
28 Dec 2024
#XmasCryptoMiracles court confirms cryptocurrency ownership as legal A Shanghai court has affirmed that Chinese citizens can legally own cryptocurrencies, such as Bitcoin, classifying them as virtual commodities with property-like attributes. Judge Sun Jie of the Shanghai Songjiang People’s Court clarified this stance, noting that while personal ownership is lawful, business-related cryptocurrency activities remain prohibited. This includes investments, token offerings, and exchanges, which are considered illegal fundraising or destabilizing to the financial system. The ruling emerged during a court case involving an initial coin offering (ICO), reinforcing China’s broader regulatory crackdown on crypto activities. Since 2021, the nation has banned ICOs, cryptocurrency exchanges, and Bitcoin mining to safeguard financial stability. Despite the prohibition on enterprise involvement, Chinese courts have consistently recognized digital assets as property, allowing individuals to possess them. However, the regulatory environment remains complex, as shown by the removal of Yao Qian, a former People’s Bank of China official, amid allegations of corruption involving cryptocurrency. This legal recognition highlights the delicate balance China seeks between enabling personal rights and ensuring financial stability amid evolving global cryptocurrency trends. #BTCNextMove
27 Dec 2024
#MarketPullback court confirms cryptocurrency ownership as legal A Shanghai court has affirmed that Chinese citizens can legally own cryptocurrencies, such as Bitcoin, classifying them as virtual commodities with property-like attributes. Judge Sun Jie of the Shanghai Songjiang People’s Court clarified this stance, noting that while personal ownership is lawful, business-related cryptocurrency activities remain prohibited. This includes investments, token offerings, and exchanges, which are considered illegal fundraising or destabilizing to the financial system. The ruling emerged during a court case involving an initial coin offering (ICO), reinforcing China’s broader regulatory crackdown on crypto activities. Since 2021, the nation has banned ICOs, cryptocurrency exchanges, and Bitcoin mining to safeguard financial stability. Despite the prohibition on enterprise involvement, Chinese courts have consistently recognized digital assets as property, allowing individuals to possess them. However, the regulatory environment remains complex, as shown by the removal of Yao Qian, a former People’s Bank of China official, amid allegations of corruption involving cryptocurrency. This legal recognition highlights the delicate balance China seeks between enabling personal rights and ensuring financial stability amid evolving global cryptocurrency trends. #BTCNextMove
21 Dec 2024
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