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Cryptocurrencies: 27289
Markets: 108940
Market Cap: $3,811,914,659,354     
24h Vol: $95,467,003,561
cryptonews 2022-12-07 11:30:00

Court in China Determines That NFTs Represent Virtual Property and Are Protected by Law

Court in China Determines That NFTs Represent Virtual Property and Are Protected by Law
Though a court in China ruled against the claims made by a non-fungible token (NFT) buyer, it found that these tokens are virtual property protected by law. The ruling was reached by a court in the city of Hangzhou, the capital of the Chinese province of Zhejiang, in a case that involved a contract dispute regarding an NFT collection sale, said the statement by the court published on Tuesday last week.... Read More: Court in China Determines That NFTs Represent Virtual Property and Are Protected by Law
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