⚖️ Guangzhou Court Updates on Virtual Assets | April 2025
📢 The Guangzhou Internet Court recently held a press conference and released an important report titled:
"Research Analysis on the Legal Nature and Civil Judicial Protection Path of Network Virtual Assets."
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🧠 Key Highlights:
🔹 Two Types of Virtual Assets Identified:
Real-world mapped assets 🏡
Network-constructed assets 🎮
🔹 Legal Protection Rules:
Activities that undermine the legal currency (fiat) will NOT be protected. ❌💵
Losses from illegal crypto activities must be borne by investors themselves. ⚠️
🔹 Investor Responsibility:
🚨 If you engage in illegal virtual currency transactions, you take full risk — no legal cover!
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🏛️ Why It Matters
This move shows China's evolving stance — recognizing virtual assets' value ✅ but making sure fiat currency remains supreme.
📜 Investors are reminded to trade legally and stay compliant to avoid heavy losses!
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✍️ Final Thoughts
The crypto world is growing — but regulations are getting stricter. Always DYOR (Do Your Own Research) and trade on trusted platforms like Binance! 🔥
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