Deep Tide TechFlow news, on June 19, the People’s Court Daily published an article from the Intermediate People's Court of Shenzhen, Guangdong Province, which pointed out that virtual currencies have corresponding property attributes, and a consensus has basically formed in judicial practice. For cases that require the return of damages to victims or confiscation, in order to balance the need to handle the virtual currencies involved with mainland regulatory policies, it may be explored to register and supervise with the People's Bank of China, foreign exchange management, and other departments, and entrust qualified third-party institutions to convert virtual currencies into legal tender at market prices through compliant licensed trading platforms in legally recognized jurisdictions for virtual currency trading abroad, such as Hong Kong. For virtual currencies used in crimes that pose a threat to national security and public interest, such as privacy coins, they can be sent to a 'black hole address' for destruction, permanently withdrawing from circulation.