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Virtual Currency Disposition Seminar Held in Beijing, China, with Representatives from the Supreme People's Court, Supreme People's Procuratorate, and Other Departments

2025-01-26 14:13

BlockBeats News, January 26th. According to China Legal Daily, to implement the spirit of the Third Plenary Session of the Twentieth Central Committee of the Communist Party of China, and give full play to the supporting role of the rule of law in the modernization of the national governance system and governance capacity, on January 19th, the "Seminar on Handling Cases Related to Virtual Currency," organized by the Law School of Renmin University of China, was held in Beijing. The meeting was attended by about 60 participants, including representatives from the NPC Standing Committee's Legal Work Committee, the Supreme People's Court, the Supreme People's Procuratorate, the Ministry of Public Security, as well as experts from the legal and lawyer community and corporate representatives.


During the meeting, Wang Tuo, the head of the Financial Case-handling Team of the Fourth Procuratorial Department of the Supreme People's Procuratorate, stated:


1. We must face history and reality squarely, not ignore the decisive role of regulatory documents in restraining speculative coin trading, and at the same time, we should accelerate the top-level design to address various issues of cryptocurrency-related crimes.


2. We must strengthen the coordination between criminal justice and administrative supervision, and abide by the principle of unified legal order.


3. We must strive to reach a consensus on the nature of virtual currency, especially ensuring that the recognition in civil and criminal matters is not contradictory.


4. We must establish scientifically sound procedural norms to prevent various risks in judicial disposal.


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

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