Chinese court: Cryptocurrency is considered a commodity, and personal holding is not illegal! Will China lift the crypto ban?
In recent years, the Chinese government has continued to strengthen its supervision of cryptocurrencies. However, a ruling by a Shanghai court has made the public full of expectations for China's future cryptocurrency policy. The ruling pointed out that cryptocurrencies are considered commodities in China and personal holding is not illegal. The significance behind this ruling and its impact on China's cryptocurrency policy and blockchain development are worth in-depth discussion.
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