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ResolvedCrypto

China High Court Rules Bitcoin as Protected Legal Property Despite Ban

First Detected: Jun 10, 2026, 6:56 AM
Last Update: 3 months ago
3 articles·3 stories

Event Summary

China's Supreme People's Procuratorate recognized Bitcoin as legally protected property under criminal law, resulting in an 11-year prison sentence for a thief who stole 107 Bitcoin. Meanwhile, the cybersecurity administration issued new financial data guidelines, and authorities charged miners with illegal operations for utilizing waste heat. These events highlight a complex legal landscape where Bitcoin is protected as property despite strict bans on related business activities.

Timeline

China Charges Bitcoin Miners Over Waste Heat Utilization
Jun 19, 2026, 11:02 AMImpact: 4
China Issues New Financial Data Classification Rules to Boost Cybersecurity
Jun 13, 2026, 10:46 AMImpact: 4
China High Court Rules Bitcoin as Protected Legal Property Despite Ban
Jun 10, 2026, 6:56 AMImpact: 4

Price Impact

Since event start
BTC+28.32%