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Have China Legalized Bitcoin?


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As you guys know that I am currently away from Home so I tend to get news a little late nowadays, but nevertheless I do get them. So the recent news that I got was that China has legalized Bitcoin which was a real curve ball for me.

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As I thought that legalizing Bitcoin in China would have definitely triggered some price action for Bitcoin which did not take place. There were several articles with questionable titles just bending the Truth. In truth it was just the Shenzhen Court which decided that Bitcoin can be owned by people of China as a property and not as a currency.

But the media as usual bended the truth to their own benefit and posted some enticing to look articles which were far from the truth.

To be honest I freaking hate such fake articles and believe they just want to make a news that could be sold rather than the Truth.


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