Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Chinese Peoples Court newspaper article: Virtual currencies are legal property and protected by law
2023-09-01 04:01:42
Odaily News Peoples Court newspaper article Identification of Property Attributes of Virtual Currency and Disposal of Property Involved in the Case, in which the criminal law attribute of virtual currency is analyzed. Virtual currency is classified as an illegal item. Therefore, under the current legal policy framework, the virtual currency held by relevant entities in our country is still legal property and protected by law. It is suggested in the article to deal with the money and property involved in the case based on the basic standpoint of legality. The author believes that for criminal acts involving virtual currency, the money and property involved in the case cannot be confiscated or returned at all, and should be treated separately on the basis of the unity of criminal and civil law order , to achieve a balanced protection of personal property rights and social public interests.