According to Foresight News, the China People's Court Daily published an article titled "Identification of the Property Attributes of Virtual Currency and Disposal of Property Involved in Cases," pointing out that virtual currency has economic attributes and can be classified as property. Current laws and policies do not define virtual currency as illegal items. Therefore, under the current legal and policy framework, virtual currency held by relevant entities in my country is still legal property and is protected by law.
The article suggests that the money and property involved in the case should be handled based on the basic standpoint of legality. For crimes involving virtual currency, the money and property involved cannot be confiscated or returned in general. They should be treated separately on the basis of the unified criminal and civil law order to achieve a balanced protection of personal property rights and interests and social public interests.
