Market Expert Says It’s Now ‘Illegal’ To Short Bitcoin, Here’s Why
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最新报道：China's Supreme Court has issued a landmark ruling declaring short-selling Bitcoin illegal, marking the first judicial interpretation of cryptocurrency trading under Chinese law. The court stated that Bitcoin possesses property characteristics and legal attributes, making it protected by law. This decision comes despite China's 2021 blanket ban on cryptocurrency transactions. Legal experts suggest the ruling aims to provide clarity for handling crypto-related disputes, particularly in cases involving theft or fraud. The court emphasized that while trading platforms are prohibited, individual Bitcoin holdings still qualify as legal property under civil law. This nuanced stance reflects China's attempt to balance its crypto crackdown with protecting citizens' digital asset rights.
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