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A seminar on the disposal of virtual currencies involved in cases was held in Beijing, China, with representatives from the Supreme Court, the Supreme Procuratorate, and other departments in attendance.

律动Jan 26, 2025

According to BlockBeats news on January 26, as reported by the Legal Daily of China, in order to implement the spirit of the Third Plenary Session of the 20th National Congress of the Communist Party, and to fully leverage the role of the rule of law in the modernization of the national governance system and governance capabilities, a seminar on "Disposal of Involved Virtual Currencies" was held in Beijing on January 19, organized by the Law School of Renmin University of China. Nearly 60 participants attended the meeting, including representatives from practical departments such as the Legislative Affairs Commission of the National People's Congress, the Supreme People's Court, the Supreme People's Procuratorate, and the Ministry of Public Security, as well as from the legal theory community, the legal profession, and enterprises.


During the meeting, Wang Tuo, head of the Financial Case Handling Group of the Fourth Procuratorate of the Supreme People's Procuratorate, expressed the following views:


1. We must face history and reality, and cannot ignore the decisive role of regulatory documents in curbing speculative behaviors related to cryptocurrency. At the same time, we should accelerate top-level design to address various issues related to crimes involving virtual currencies.


2. We need to strengthen the coordination between criminal justice and administrative regulation, adhering to the principle of unity of legal order.


3. We should strive to reach a consensus on the nature of virtual currencies, especially ensuring that civil and criminal identifications do not contradict each other.


4. We need to establish scientific and reasonable procedural norms to prevent various risks in judicial handling.


5. We should emphasize the complementary relationship between technology and case handling.

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A seminar on the disposal of virtual currencies involved in cases was held in Beijing, China, with representatives from the Supreme Court, the Supreme Procuratorate, and other departments in attendance.

律动Jan 26, 2025

According to BlockBeats news on January 26, as reported by the Legal Daily of China, in order to implement the spirit of the Third Plenary Session of the 20th National Congress of the Communist Party, and to fully leverage the role of the rule of law in the modernization of the national governance system and governance capabilities, a seminar on "Disposal of Involved Virtual Currencies" was held in Beijing on January 19, organized by the Law School of Renmin University of China. Nearly 60 participants attended the meeting, including representatives from practical departments such as the Legislative Affairs Commission of the National People's Congress, the Supreme People's Court, the Supreme People's Procuratorate, and the Ministry of Public Security, as well as from the legal theory community, the legal profession, and enterprises.


During the meeting, Wang Tuo, head of the Financial Case Handling Group of the Fourth Procuratorate of the Supreme People's Procuratorate, expressed the following views:


1. We must face history and reality, and cannot ignore the decisive role of regulatory documents in curbing speculative behaviors related to cryptocurrency. At the same time, we should accelerate top-level design to address various issues related to crimes involving virtual currencies.


2. We need to strengthen the coordination between criminal justice and administrative regulation, adhering to the principle of unity of legal order.


3. We should strive to reach a consensus on the nature of virtual currencies, especially ensuring that civil and criminal identifications do not contradict each other.


4. We need to establish scientific and reasonable procedural norms to prevent various risks in judicial handling.


5. We should emphasize the complementary relationship between technology and case handling.

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