© Reuters Chinese Court Approves Litecoin but Not Its Use as Legal Tender
- A Chinese court ruled that its citizens may trade in crypto but must not use it as legal tender.
- The judge emphasized the absence of rules forbidding viewing as an illicit asset.
- China courts have rendered inconsistent rulings on the handling and trade of digital assets in recent times.
Despite the nation’s ban on digital asset services, a Chinese court has decided that its people may continue to trade…
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