Da Hongfei 💚 (@dahongfei): The verdict comes from a People's Court in Shanghai, China.
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The verdict comes from a People's Court in Shanghai, China. The court ruled that token issuance and financing is essentially an unauthorized, illegal public fundraising activity. No organization or individual may engage in token issuance and financing without approval. However,… twitter.com/BitcoinMagazin… Quote [@BitcoinMagazine](https://www.twitter.com/BitcoinMagazine/status/1859550816044204461) > JUST IN: 🇨🇳 Chinese court says that #Bitcoin and crypto are property, so holding them is legal.