Many governments around the world are still grappling with how to regulate cryptocurrencies, leaving them in a legal gray zone. However, a growing number of countries have begun defining digital assets as property, a move that clarifies ownership rights and integrates them into existing tax systems.
Crypto companies like Canaan Inc. (NASDAQ: CAN) hope that more countries move to clarify the legal status of digital assets so that people owning cryptos can be assured of protection for their…
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