The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas.
China Recognizes Bitcoin as Commodity
The Beijing Arbitration Commission published an article on the legal nature of bitcoin in China on Thursday. The Beijing-based independent, non-profit organization offers services in arbitration, mediation, and other dispute resolution mechanisms.
Here:
https://news.bitcoin.com/china-never-banned-bitcoin-commodity-beijing-arbitration-commission/