Chinese scholars acknowledge Bitcoin as property, signaling a potential shift in the country's stance on cryptocurrency. This recognition challenges previous perceptions and may lead to a relaxation of the Bitcoin ban. Market responds positively, with Bitcoin price rising by 1.90% to $64,897.90.
Huang BoAs long as POW does not disappear, miners will always find ways to survive and even make enough money. Just like Wu Jihan, who has experienced the peak, turmoil, palace fighting, and low-key behavior, he can still flexibly continue to contribute the Chinese people's strength to the mining industry.
JinseFinanceChinese Bitcoin miners are expanding to Ethiopia for cheap electricity and opportunities, but face challenges like regulatory uncertainty and environmental concerns, requiring a balanced approach for sustainable growth. Success depends on navigating these challenges while benefiting both the industry and the host country.
JoyIf someone asks me, what is the purpose of the short-selling report issued by Matrixport founded by Wu Jihan yesterday? The motive is hard to reveal, but it certainly created a sense of panic in the market.
JinseFinanceThe Yuga case raises interesting questions regarding IP rights in the emerging web3 space, where NFTs are now prevalent.
LexologyAs NFT holders look for new ways to monetize their digital collectibles, creators might seek to define what collectors can and can’t do with the original artwork.
CoindeskThe U.K Law Commission has now proposed changes with an intention to clarify what exactly crypto property laws are. In ...
BitcoinistIn posting NFT artwork on social media, a new owner could be breaking intellectual property laws. A “wave of litigation has already begun.”
CointelegraphNot all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud.
CointelegraphA 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.
Cointelegraph