The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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.