The following article from bitzamp.com states that crypto currency will become officially a virtual asset or virtual property in China starting on October 1st. Wow. If true his could be a huge game changer for crypto currencies and the prices will skyrocket.
Chinese media outlet Jinse.com has reported that laws governing the use of virtual currencies in China will be enacted on October 1st 2017. Jinse states that Chinese cryptocurrency regulations were incorporated into the nation’s “General Principles of the Civil Law of the People’s Republic of China” legislation, which was voted on and passed on March 15th.
Please go to bitzamp and read the article for more info:
https://bitzamp.com/blog/virtual-currencies-are-expected-to-be-legislated-as-virtual-property-from-october-1/