PANews reported on July 8 that according to the digital asset disposal research, the Beijing Municipal Public Security Bureau Legal Affairs Corps has made the management of virtual currencies involved in cases a focus of annual law enforcement standardization since the beginning of 2024, actively studied relevant policies and regulations, and formulated guiding norms. In February, the Legal Affairs Corps organized a number of joint meetings and theme salons, inviting leaders of relevant departments to conduct in-depth discussions on the investigation, litigation, management and disposal of virtual currency cases, aiming to improve the effectiveness of combating crimes involving virtual currencies, explore innovative management paths, and promote the standardization and efficiency of law enforcement practices.
In an April report, Faqingyuan, the official WeChat account of the Beijing Municipal Public Security Bureau's Legal Affairs Corps, stated that my country's current legislative bodies and administrative departments all adopt the policy of "illegal transactions, legal holding" towards virtual currencies, mainly based on principled regulations, and have not formed a complete legal system for the management of virtual currencies, resulting in insufficient law enforcement basis in case handling practices.
