Guest Post by litecoin: A Court in China finds that Litecoin is protected by Chinese property law. | CoinMarketCap
CRYPTOCURRENCIES NFT On Chain Data PRODUCTS CAMPAIGNS CALENDARS CoinMarketCap: Read what our contributors have to say. This content is provided by the community. DYOR! A Court in China finds that Litecoin is protected by Chinese property law. Blog LTC By litecoin The high court, Beijing Number One Intermediate People's Court in China, has found that Litecoin is protected by Chinese property law. In a civil decision involving Litecoin, a Chinese court has ruled that locals are permitted to trade cryptocurrencies – but not use them as a substitute for money. The court’s decision was part of an appeal case over a Litecoin repayment issue. In this case, appellant Ding Hao refused to accept an initial trial judgment to return a larger amount of Litecoin borrowed from the plaintiff, Zhai Wenjie. The appellant argued that cryptocurrency trading is not protected by law in China. The first trial ordered Ding to return 33,000 LTC to Zhai for the inital borrowed amount. Zhai argued that cryptocur
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### Response: CRYPTOCURRENCIES NFT On Chain Data PRODUCTS CAMPAIGNS CALENDARS CoinMarketCap: Read what our contributors have to say. This content is provided by the community. DYOR! A Court in China finds that Litecoin is protected by Chinese property law. Blog LTC By litecoin The high court, Beijing Number One Intermediate People's Court in China, has found that Litecoin is protected by Chinese property law. In a civil decision involving Litecoin, a Chinese court has ruled that locals are permitted to trade cryptocurrencies – but not use them as a substitute for money. The court’s decision was part of an appeal case over a Litecoin repayment issue. In this case, appellant Ding Hao refused to accept an initial trial judgment to return a larger amount of Litecoin borrowed from the plaintiff, Zhai Wenjie. The appellant argued that cryptocurrency trading is not protected by law in China. The first trial ordered Ding to return 33,000 LTC to Zhai for the inital borrowed amount. Zhai argued that cryptocur