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Coinpedia 2023-06-26 10:19:42

Bitcoin Receives Non-Money Status in South Korean Court Ruling

The post Bitcoin Receives Non-Money Status in South Korean Court Ruling appeared first on Coinpedia Fintech News In a recent case involving two firms, a South Korean court, specifically the Seoul High Court’s Civil Division, has ruled that Bitcoin (BTC) is not classified as money and is therefore not subject to interest rate regulations in business transactions. The ruling came after the court deemed it impossible to set interest rates for Bitcoin …

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