Chinese Court Recognizes Property Attributes of Virtual Currency
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The People's Court Daily has highlighted the recognition of virtual currency's property attributes in judicial practice, as noted by Zhao Liang of the Shenzhen Intermediate People's Court. The article discusses the potential for virtual currency involved in criminal cases to be exchanged for legal currency through compliant platforms. This process would involve qualified third-party institutions under the supervision of the People's Bank of China and other regulatory bodies, particularly in jurisdictions where such transactions are legal, like Hong Kong. Additionally, virtual currencies used in crimes that threaten national security may be destroyed by sending them to black hole addresses, effectively removing them from circulation.Fuente:Mostrar original
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