Quote from: Elwar on June 28, 2016, 12:01:01 PM

Quote

With the publication of the Civil Code General Provisions Draft, virtual properties and data have officially become Chinese peoples rights, what this means is that cryptocurrencies e.g. Bitcoin, virtual currencies e.g. online gaming tokens and data information, e.g. Big Data, shall all be officially recognized as Civil Right Objects. Yesterday(June 27th ), the 21st session of the 12th National Peoples Congress Standing Committee(Chinas Congress or/and Senate) was held in Beijing. The session reviewed, for the first time, the illustration on the PRC Civil Code General Provisions(Draft) Proposal, which was brought to the floor by the Chairman Meeting of the NPC Standing Committee. Within the draft, we see articles on virtual properties and data information, classifying them as new type of civil right objects, this means that virtual properties and data shall officially become peoples rights.

https://www.reddit.com/r/Bitcoin/comments/4q8eu9/chinese_civil_code_general_provisions_draft/

This is for real, it's on newsbtc now. This is the first time we know the price can rally without China ruining it by semi-banning bitcoin just when it's getting good. That threat won't be in the back of people's minds during the next rally, which will make it a moonshot.

http://www.newsbtc.com/2016/06/28/new-chinese-civil-law-draft-classifies-bitcoin-property/

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