Cryptocurrency Q&A
Does China Recognise cryptocurrency?
Does China Recognise cryptocurrency?
CryptoChieftainGuard
Tue Nov 05 2024
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5 answers
995
I'm wondering if China officially acknowledges and accepts cryptocurrency as a valid form of payment or asset, considering its widespread use and popularity in the global financial market.
5 answers
Maria
Wed Nov 06 2024
Currency, specifically, is regarded as a unique subset of commodities.
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Eleonora
Wed Nov 06 2024
The nation in question does not acknowledge Bitcoin as a form of virtual currency.
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Silvia
Wed Nov 06 2024
Instead, it recognizes Bitcoin as a virtual commodity.
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benjamin_brown_entrepreneur
Wed Nov 06 2024
The reasoning behind this classification stems from the broader definition of virtual goods.
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Valentina
Wed Nov 06 2024
Virtual goods encompass a wider range of items than just virtual currencies.
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