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Thursday, August 6, 2015

Japanese court rules bitcoin not worthy of legal protections

The post Japanese court rules bitcoin not worthy of legal protections appeared first on 99 Bitcoins.

A Japanese court came to a surprising conclusion, ruling that bitcoin is not a tangible property worthy of legal protection, which stands in contrast to rulings in the United States and elsewhere which have determined that bitcoin is a valuable commodity worthy of legal protections. While the ruling will affect only Japanese bitcoin users, at least for [...]