[News article]
"Shanghai Court Recognizes BTC as Digital Currency"
Shanghai court recognizes Bitcoin as digital currency, citing its uniqueness and potential for ownership disputes.
In fact, when there was a ban on all crypto activities in China several years ago, crypto activities there also did not stop, in fact they continue and develop to this day. And what's more, if now their activities are protected by law, this will make things easier for them. However, we will see later whether this will change again or not as time goes by. Because we know how this country plays against Bitcoin and Crypto as a whole. Let's just follow them. This might be a good trigger for positive trends, at least it would be good to pick up the bullish era. But once again, however, we shouldn't just be careless when it comes to dealing with things like this. Remain as usual and continue to be wise in all decision making for the crypto activities that we personally undertake.