China Officially Recognizes Bitcoin (BTC) as Property: A Major Shift in Crypto Regulations

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Chinese scholars recognize Bitcoin’s property attributes, hinting at a potential shift in the nation’s crypto stance.
Despite the 2021 ban, experts suggest Bitcoin is not entirely prohibited in China.
The launch of a spot Bitcoin ETF in Hong Kong could offer a new investment avenue for Chinese investors.

Chinese scholars acknowledge Bitcoin’s property attributes, suggesting a potential change in China’s crypto stance. This development, coupled with the launch of a spot Bitcoin ETF in Hong Kong, could signal a new era of Bitcoin adoption in China.

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