Shanghai court affirms that Bitcoin is virtual property, subject to property rights Post author:MiamiCrypto Post published:May 12, 2022 Post category:China / Court A district court in Shanghai ruled for Bitcoin owner’s right to compensation in case involving unpaid loan and decided on Bitcoin legal status in the process. You Might Also Like Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report May 18, 2024 China to Airdrop $4.5 Million in e-CNY to Shenzhen Residents to Bolster Local Economy May 30, 2022 China’s Xinhua News Agency to Issue NFTs Despite Crackdown on Crypto December 22, 2021