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The Chinese Government Does Not Ban Bitcoin's Activities as Virtual Goods

Tracy CHEN

Summary: Wang Jin, a member of the Beijing Arbitration Commission, has written an article entitled "On the Adjudication of Bitcoin Disputes from the Perspective of the legal nature of Bitcoin". The article believes that China's current regulatory attitude towards Bitcoin mainly includes the following three aspects: 1. Bitcoin is not legal tender; 2. 2. Bitcoin is ...

Wang Jin, a member of the Beijing Arbitration Commission, has written an article entitled "On the Adjudication of Bitcoin Disputes from the Perspective of the legal nature of Bitcoin". The article believes that China's current regulatory attitude towards Bitcoin mainly includes the following three aspects: 1. Bitcoin is not legal tender; 2. 2. Bitcoin is a virtual commodity; 3. China prohibits the exchange of legal tender, token and virtual currency by token financing trading platforms.

Tracy Chen

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