CoinVoice recently learned that the People's Court Daily published a document entitled "The Judicial Disposal of Virtual Currency Must be Standardized", which pointed out that the standardization of the judicial disposal of virtual currency is crucial to maintaining financial stability and promoting the healthy development of the market. According to statistics from the SAFEIS Security Research Institute, the total number of virtual currency crime cases in China in 2023 was 428, a decrease of 88.9% from 2022, but the amount involved increased sharply to 430.719 billion yuan, about 12.36 times that of 2022.
The article emphasizes that the current disposal of virtual currencies faces multiple challenges such as ownership identification, value assessment and legal realization. To address these issues, it is recommended to issue comprehensive guidance on the judicial disposal of virtual currencies as soon as possible to clarify its legal status, compliance requirements, asset disposal procedures and legal responsibilities.
At the same time, the article calls for strengthening international cooperation to jointly address the global challenges brought by virtual currencies and lay a legal foundation for the development of the digital economy and digital finance. [Original link]
