The Henan Provincial People's Congress released a report on the results of the review of the "Henan Provincial Regulations on the Administration of Property Involved in Cases (Draft) ", which specifically mentioned the issue of the disposal of the virtual currency involved in the case. The report sent a policy signal that Henan Province felt that it was inappropriate to implement local legislative regulations on how to deal with the virtual currencies seized in the case.
In the report, the Henan Provincial Legal Commission believes that virtual currency has property attributes and belongs to the property involved in the case, which has basically formed a consensus in judicial practice. However, virtual currency transactions in our country are completely prohibited, and there is no legal trading platform. How to dispose of virtual currency is still being explored in various places. At present, the Ministry of Public Security is studying and formulating virtual currency-related systems. The management of this new type of involved property is more suitable for unified regulations at the national level, and local legislation should not make regulations.
Henan Provincial People's Congress: The management of virtual currencies is more suitable for unified regulations at the national level, and it is not appropriate to legislate on the disposal of virtual currencies at the local level for the time being
2025-08-17 02:46:52
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