In a landmark legal shift, a Shanghai court has officially recognized Bitcoin and other cryptocurrencies as legal personal property in China. While commercial crypto activities remain restricted, individuals can now legally hold digital assets, marking a significant evolution in China’s stance on crypto. Key Takeaways: Potential Bullish Impacts Increased Market Liquidity Boost to Blockchain Innovation …
Bybit, the third-largest offshore cryptocurrency exchange, has resumed user sign-ups and ID verification in Mainland China, despite previous bans and ongoing regulatory contradictions. This unexpected move signals potential shifts in China’s cryptocurrency policies. Bybit Reopens to Chinese Users Bybit’s decision to reintroduce registration features for Chinese residents comes as a surprise. Despite previously complying with …
Is China’s Crypto Ban Over as Bybit Resumes Registration? Read More »
