China’s government has signaled that it is warming up to digital currency with a new proposed civil law that may recognize people’s legal right to own virtual assets, including digital currencies.A new draft of China’s civil code was introduced in The National People’s Congress June 27. The draft will reportedly designate all virtual networks, data and information as property equal to physical and other financial assets, bringing them under the jurisdiction of civil rights that are applicable to property in general.OKCoin founder and CEO Star Xu told Bitcoin Magazine that the new draft law is good news saying: