The British High Court has recognized Bitcoin as a legal “property” in an interim judgement on a cryptocurrency hacking case. This decision sets a legal precedent in the 800-year-old system, making it easier for victims of hacking to claim cryptocurrencies locked away in exchanges.
90% OF BITCOINS ARE USED FOR INVESTING AND SPECULATING
Marcus Swanepoel, CEO of cryptocurrency exchange Luno said during an interview with CNBC that 90% of its users use Bitcoin as an instrument for investing and speculating. Only 10% bitcoin holders use the crypto for transactions.