Shandong Gaofa: Virtual currency or business is not protected by law

08月
23
2021-8-23 07:48
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On August 23, the official report of the Shandong Superior People's Court announced the Civil Code case no. 27 which identifies the problems related to the Willo International project on cryptocurrency and electronic money. Shandong Gaofa believes that the virtual currency network is not provided by the company, that there are no positive benefits such as legitimate gifts and coercion, no real benefits, no, are not voluntary and will not have the same rights as the funds. It cannot be used for profit, travel and commercial use, investment and marketing of virtual resources by the public without the protection of the law.

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