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Asia's weekly TOP10 crypto news (Aug 21 to Aug 27)

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Author:Crescent Editor:Colin Wu 1. The Mainland of China’s Weekly Summary 1.1 China Court Network Releases “Characterization of Illegal Acquisition of Virtual Currency Activities” link On the 24th of August, the China Court Network published an article titled “Qualification of Illegal Acquisition of Virtual Currency Activities.” The article examines three perspectives on the legal qualification of illegal acquisition of virtual currency activities. These perspectives include categorizing it as a crime of illegally obtaining computer information system data, considering it as a theft crime, or potentially involving both charges, where one heavy offense could be chosen. The legal characterization of the unlawful acquisition of virtual currency depends on the time when the actions occurred. If it took place before September 2017, virtual currency was regarded as property within the context of criminal law. This might lead to charges of both theft and illegal acquisition of computer inform...