bitcoinFeature
Thai Supreme Court rules Bitcoin is property, upholds 10-year sentence
A man who aided robbers faces a confirmed 10-year sentence following a ruling by Thailand's Supreme Court.
The court definitively stated that Bitcoin qualifies as property.
Furthermore, the judgment clarified that Bitcoin possesses a discernible market price.
It also established that this digital asset can be converted to cash and held by ordinary citizens.
This ruling comes after a thief challenged the existing conviction.
The Supreme Court's decision solidifies the legal standing of Bitcoin within the jurisdiction.
