Newslink: China Watchers Cheer as Local Court Declares Bitcoin as Property: Valuable, Scarce, Disposable
TL;DR: Regional Chinese media are insisting a local court has effectively recognized Bitcoin as property, going against what most experts in the West have contended for years about the government’s supposed ban. It’s unclear what official ramifications such a ruling might have exactly, but China watchers are cheering it as a watershed moment.