A Shanghai court has released an opinion stating that the personal ownership of cryptocurrencies is not against Chinese law, offering explicit legal clarity for crypto holders on the mainland amid a record-setting bitcoin price surge. Sun Jie, a judge at the Shanghai Songjiang People’s Court, wrote in an article published on Shanghai High People’s Court’s … Read more
It will also train legal professionals in overseas-related matters, research legal theory and offer legal services with an international focus, it said. Foreign-related rule of law refers to an initiative launched in 2020 aimed at connecting Chinese law with foreign and international law as Beijing’s global ambitions grow and competition with the West intensifies. Shaanxi’s … Read more
It did not identify the hacking group’s name or location. US moves against cybersecurity ‘risk’ posed by China-made port infrastructure Beijing has expanded efforts in cybersecurity compliance in recent years amid a perceived increase in attacks by foreign agencies. China and the United States, in particular, have exchanged accusations of state-backed cyberattacks with targets ranging … Read more
The debate generated so much heat that Xu’s sentence was reduced to seven years with a fine of 300,000 yuan on appeal, and authorities eventually punished officials who were previously untouched in the scandal. The case was one of several in the past decade in which Chinese members of the public used the transparency in … Read more
