At the "Seminar on the Disposal of Virtual Currencies Involved in Cases" organized by the China Banking and Insurance Regulatory Commission, Liu Xiaoyu, the Chairman of the Management Committee of Zhongyin Law Firm, stated that China's current "prohibitive" regulatory framework is detrimental to competing in the global Web3.0 landscape and hampers the development of the digital economy. He suggested that existing regulatory policies should be appropriately adjusted on the basis of risk prevention. Experts at the conference explored the disposal of virtual currencies from multiple dimensions, covering concepts of virtual currencies, legal attributes, the current status of legislation abroad, and practices of disposal in various regions. However, there are currently issues in China regarding the disposal of virtual currencies, including imperfect legislation and a lack of interpretative space in the law, which pose significant legal risks and practical difficulties for the disposal of virtual currencies.

Odaily Planet Daily reported that to implement the spirit of the 20th National Congress of the Communist Party of China and fully leverage the role of the rule of law in the modernization of the national governance system and governance capacity, a seminar on "Disposal of Involved Virtual Currencies" was held in Beijing on January 19, co-hosted by the Law School of Renmin University of China, the Criminal Law Science Research Center of Renmin University of China, and Beijing Zhongyin Law Firm. 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 members of the legal academia, the legal profession, and corporate representatives.
Wang Tuo, head of the Financial Case Handling Team of the Fourth Procuratorial Department of the Supreme People's Procuratorate, and He Ting, associate dean and professor at the Criminal Law Science Research Institute of Beijing Normal University, participated in the discussions. Wang Tuo emphasized that first, we must face history and reality, acknowledging the decisive role that regulatory documents play in curbing speculative behavior in cryptocurrencies; at the same time, we should accelerate the top-level design to address various issues related to virtual currency crimes. Second, it is essential to strengthen the synergy between criminal justice and administrative regulation, adhering to the principle of unified legal order. Third, we should strive to reach a consensus on the nature of virtual currencies, particularly ensuring that civil and criminal identifications do not contradict each other. Fourth, we need to establish scientifically reasonable procedural norms to prevent various risks during judicial disposal. Fifth, we should emphasize the complementary relationship between technology and case handling.
He Ting pointed out that the disposal of virtual currencies should focus on solving issues related to their qualification, classification, regulation, and procedural norms. Virtual currencies do not fall under the category of prohibited items and can be treated as objects of property crimes. There is room to classify them as a special category of involved property and regulate their disposal accordingly. It is essential to distinguish between different categories and roles of virtual currencies in various types of crimes, and adopt different disposal paths. Effective interaction between technology and legal norms should be employed to regulate the disposal of involved virtual currencies, adhering to the demands of substantive fairness and justice. (Legal Daily)

Odaily Planet Daily reports that to implement the spirit of the 20th National Congress of the Communist Party of China and fully leverage the role of the rule of law as a supporting guarantee in the modernization of the national governance system and governance capacity, a seminar on "Disposal of Virtual Currencies Involved in Cases" was held in Beijing on January 19. The seminar was co-hosted by the Law School of Renmin University of China, the Criminal Law Science Research Center of Renmin University of China, and Beijing Zhongyin Law Firm. 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 legal scholars, lawyers, and business representatives.

Wang Tuo, head of the Financial Case Handling Group of the Fourth Procuratorial Department of the Supreme People's Procuratorate, and He Ting, associate dean and professor at the Criminal Law Science Research Institute of Beijing Normal University, participated in the discussions. Wang Tuo emphasized that first, it is essential to face history and reality, not to overlook the decisive role of regulatory documents in curbing speculative activities in cryptocurrencies, and to accelerate top-level design concerning various issues related to virtual currency crimes. Second, it is necessary to strengthen the cooperation between criminal justice and administrative regulation, adhering to the principle of the unity of legal order. Third, efforts should be made to reach a consensus on the nature of virtual currencies, especially ensuring that civil and criminal identifications do not contradict each other. Fourth, it is important to establish scientifically reasonable procedural norms to prevent various risks in judicial disposal. Fifth, attention should be paid to the complementary relationship between technology and case handling.

He Ting suggested that the disposal of virtual currencies should focus on resolving issues concerning their definition, classification, regulation, and procedural norms. Virtual currencies do not belong to prohibited items and can be treated as objects of property crimes, which allows for the possibility of regulating their disposal as a special type of property involved in cases. It is necessary to distinguish between different categories and roles of virtual currencies in different types of crimes, and to adopt different disposal pathways. The effective interaction between technology and legal norms should be utilized to regulate the disposal of virtual currencies involved in cases, complying with the requirements of substantive fairness and justice. (Legal Daily)

Representatives from the Supreme Court, the Supreme Procuratorate, the Ministry of Public Security, and other departments participated in a seminar on the disposal of virtual currencies involved in cases.

According to Shenchao TechFlow, on January 19, a seminar on "Disposal of Involved Virtual Currencies" was held in Beijing, organized by the Law School of Renmin University of China. Nearly 60 representatives from various departments, including the Legal Work Committee 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, attended the event. Yu Haisong, Deputy Director of the Research Office of the Supreme People's Court, pointed out that discussions on virtual currency issues must be based on current regulatory policies. He suggested that the legal boundaries for the disposal of virtual currencies should be clarified at the policy level, and that specific issues such as timing and procedures for disposal should be optimized at the technical level. He Ting, Deputy Dean and Professor at the Criminal Law Science Research Institute of Beijing Normal University, stated that virtual currencies do not fall under the category of prohibited items and can be objects of property crimes. He emphasized the need to distinguish between different types of crimes regarding the categories and roles of virtual currencies, and to adopt different disposal pathways, regulating disposal through effective interaction between technology and legal norms.

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According to Deep Tide TechFlow, on January 19, a seminar on "Disposition of Involved Virtual Currencies" was held in Beijing, organized by the Law School of Renmin University of China. Nearly 60 participants attended, including representatives from the Legislative Affairs Commission of the Standing Committee of the National People's Congress, the Supreme People's Court, the Supreme People's Procuratorate, the Ministry of Public Security, as well as scholars from the legal theory field, lawyers, and corporate representatives.
Yu Haisong, deputy director of the Research Office of the Supreme People's Court, pointed out that discussions on virtual currency issues must be based on current regulatory policies. He suggested clarifying the legal boundaries for the disposition of virtual currencies at the policy level, and optimizing specific issues such as timing and procedures for disposition at the technical level.
He Ting, associate dean and professor at the Institute of Criminal Law Science at Beijing Normal University, stated that virtual currencies do not belong to prohibited items and can be considered as objects of property crimes. He emphasized the need to differentiate the types and roles of virtual currencies in various types of crimes, adopting different disposition pathways, and regulating the disposition through effective interaction between technology and legal norms.
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The Supreme People's Procuratorate of China and multiple departments held a seminar in Beijing on the disposal of virtual currencies involved in cases.

Legal Daily: Seminar on the Disposal of Involved Virtual Currencies Held in Beijing

On January 19, 2025, a seminar on "Disposal of Involved Virtual Currencies" was held in Beijing, organized by the Law School of Renmin University of China and other institutions, attracting nearly 60 experts from the legislative, judicial, and business sectors. The conference delved into the legal attributes, regulatory policies, and judicial practices of virtual currencies. The main discussion points included:

1. Legal Attributes and Regulation of Virtual Currencies: Liu Xiaoyu from Zhongyin Law Firm pointed out that there are various viewpoints regarding the legal attributes of virtual currencies, such as the "virtual property theory" and the "digital goods theory." He suggested moderate policy adjustments based on risk prevention to enhance China's participation capability in the global Web 3.0 competition.

2. Challenges in Judicial Practice: Attending experts generally agreed that the decentralized and transnational characteristics of virtual currencies complicate judicial disposal, such as issues of classification, evidence collection, and custody. Guo Shuo from China University of Political Science and Law indicated that the nature and disposal rules of virtual currencies should be clarified at the legislative level, strengthening the participatory rights of victims and the standardization of disposal procedures.

3. International Perspective and Regulatory Coordination: He Ting from Beijing Normal University mentioned that the regulation of virtual currencies needs to focus on the coordination between criminal justice and administrative management, preventing new types of illegal crime risks, and addressing the issue of asset recovery through cross-border cooperation.

4. Integration of Technology and Law: Nie Youlun from East China Normal University emphasized the need to utilize blockchain tracking technology and advanced investigative methods to improve the evidence chain, while optimizing legal interpretations to address practical challenges.

The conference unanimously agreed that China needs to accelerate the legislation related to virtual currencies, clarify their property attributes and regulatory boundaries, strengthen international cooperation and technological application, and provide legal guarantees for the disposal of involved virtual currencies. Additionally, it was suggested to establish dynamic regulatory policies to balance innovation and risk, creating a better legal environment for the development of the digital economy.

PANews reported on January 26 that according to the Legal Daily, a seminar on "Disposal of Virtual Currency Involved in Cases" hosted by the Law School of Renmin University of China and other institutions was held in Beijing on January 19, 2025, attracting nearly 60 experts from the legislative, judicial and business communities to participate. The meeting conducted in-depth discussions on the legal attributes, regulatory policies and judicial practices of virtual currencies.
 The main points include:
 1. Legal attributes and supervision of virtual currency :
 Liu Xiaoyu of Zhongyin Law Firm pointed out that there are many views on the legal attributes of virtual currency, such as "virtual property theory" and "digital commodity theory". He believes that my country's current "prohibitive" supervision limits its ability to participate in the global Web3.0 competition, and recommends moderate policy adjustments based on risk prevention.
 2. Difficulties in handling in judicial practice :
 Experts at the meeting generally believed that the current decentralized and transnational characteristics of virtual currencies make judicial disposal difficult, such as difficulty in characterization, evidence collection, and custody. Guo Shuo from China University of Political Science and Law pointed out that the nature and disposal rules of virtual currencies should be clarified at the legislative level, and the right of victims to participate and the standardization of disposal procedures should be strengthened.
 3. International perspective and regulatory coordination :
 He Ting from Beijing Normal University mentioned that the regulation of virtual currency needs to focus on the coordination of criminal justice and administrative management, prevent new types of illegal and criminal risks, and solve the problem of recovering stolen money through cross-border cooperation.
 4. Combination of technology and law :
 Nie Youlun from East China Normal University emphasized that blockchain tracking technology and advanced investigative methods should be used to improve the chain of evidence; at the same time, legal interpretation should be optimized to meet practical challenges.
 Conclusion and suggestions:
 The meeting unanimously agreed that my country needs to speed up legislation related to virtual currencies, clarify their property attributes and regulatory boundaries, and strengthen international cooperation and technology applications to provide legal protection for the disposal of virtual currencies involved. In addition, it is recommended to create a better legal environment for the development of the digital economy by formulating dynamic regulatory policies to balance innovation and risks.

The Beijing seminar discusses the legal and regulatory challenges of virtual currency disposal.

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.

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.

On January 19, 2023, the Law School of Renmin University of China held a "Virtual Currency Case Handling Seminar" in Beijing. The conference aimed to implement the spirit of the 20th Central Committee's Third Plenary Session of the Communist Party of China and to highlight the supporting role of the rule of law in the modernization of the national governance system and governance capabilities. Participants included representatives from the Legal Work Committee of the Standing Committee 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 experts and corporate representatives from the legal and attorney sectors. Wang Tuo, head of the Financial Case Handling Group of the Fourth Procuratorial Department of the Supreme People's Procuratorate, spoke at the meeting, emphasizing the need to confront both historical and current realities, accelerate top-level design, coordinate criminal justice with administrative supervision, reach a consensus on the nature of virtual currencies, establish scientific procedural norms, and underscore the complementary relationship between technology and case handling.

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.

Beijing hosts a seminar on handling virtual currency cases, discussing legal and regulatory coordination.

The Beijing Seminar Focuses on Legal and Regulatory Challenges in the Disposal of Virtual Currencies

在中国银行保险监督管理委员会组织的“涉及案件的虚拟货币处置研讨会”上，中银律师事务所管理委员会主席刘晓宇表示，中国当前的“禁止性”监管框架对在全球Web3.0领域竞争不利，并阻碍了数字经济的发展。他建议在风险防范的基础上，适当地调整现有的监管政策。与会专家从多个维度探讨了虚拟货币的处置，涵盖了虚拟货币的概念、法律属性、国外立法现状以及各地区处置的实践。然而，目前中国在虚拟货币处置方面存在一些问题，包括立法不完善和法律解释空间不足，这给虚拟货币的处置带来了重大法律风险和实际困难。

北京的研讨会专注于探讨虚拟货币处置所面临的法律与监管挑战。

在中國銀行保險監督管理委員會組織的“涉及案件的虛擬貨幣處置研討會”上，中銀律師事務所管理委員會主席劉曉宇表示，中國當前的“禁止性”監管框架對在全球Web3.0領域競爭不利，並阻礙了數字經濟的發展。他建議在風險防範的基礎上，適當地調整現有的監管政策。與會專家從多個維度探討了虛擬貨幣的處置，涵蓋了虛擬貨幣的概念、法律屬性、國外立法現狀以及各地區處置的實踐。然而，目前中國在虛擬貨幣處置方面存在一些問題，包括立法不完善和法律解釋空間不足，這給虛擬貨幣的處置帶來了重大法律風險和實際困難。