Source: Tech – South China Morning PostNorthern Shandong province’s high court said in public comments that “cryptocurrency is not protected by law” after reviewing a case involving virtual tokens, in a ruling that could set a precedent for other courts in China now that investment and trading in digital assets such as bitcoin is outlawed.In the case, the plaintiff invested 70,000 yuan (US$10,756) to buy tokens endorsed by three friends in 2017, but the accounts were closed after the People’s Bank of China, the central bank,…Read More