Is bitcoin legal in the Chinese court?|2- Bitcoin and other cryptocurrencies are seen as commodities/property and are . Chinese law doesn't prevent the circulation of bitcoin and its possession.protected from seizure under Chinese law
Could you please clarify for me the legality of Bitcoin in the Chinese court system? I understand that Bitcoin and other cryptocurrencies are treated as commodities or property, but I'm not entirely sure about their legal status in China. Does Chinese law permit the circulation and possession of Bitcoin? And are Bitcoin holdings protected from seizure under Chinese law? Could you provide more details on this matter? Thank you in advance for your assistance.