Shanghai court says crypto ownership legal under China law amid bitcoin price surge

Shanghai court says crypto ownership legal under China law amid bitcoin price surge

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

Hardening rubber prices to put pressure on tyre makers’ margin: Crisil

Hardening rubber prices to put pressure on tyre makers’ margin: Crisil

Pune: Tyre makers are headed for a rough patch as the price of natural rubber has increased more than 33% on-year in just the first five months of this fiscal year amid strong demand and crunched supply, which could strain their profitability, Crisil Market Intelligence and Analytics (MI&A) said. Domestic prices of natural rubber closed … Read more