China’s Supreme Court has ruled evidence authenticated with blockchain is binding in legal disputes, according to an official announcement released Friday.

As reported by CoinTelegraph, the ruling comes as part of a series of more comprehensive rules that clarify litigation procedures for internet courts that will be springing up soon across China. The ruling is effective immediately.

The first such court was set up by the city of Hangzhou in 2017, according to CoinTelegraph. The court handled its first case with legally valid blockchain-derived evidence in January. Read more here.

ThirtyK Staff
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