The People's Court has officially stated: Virtual currencies now have property attributes, and the path to compliance is accelerating!
On June 18, 2025, the 'People's Court Daily' unusually published an article with a prominent headline stating: 'Virtual currencies can explore compliant monetization paths,' and clearly indicated: Virtual currencies have corresponding property attributes, and there is basically a consensus formed in judicial practice.
This is the first time in China's judicial field that such a clear acknowledgment of the 'legitimacy direction' of virtual assets has appeared in an authoritative media outlet, marking that the 'triangle area' between digital currency regulation, legal governance, and market recognition in China is rapidly shrinking.
For virtual asset practitioners, Web3 entrepreneurs, investment institutions, and legal workers, this is not only a signal but also a turning point.
What do you think about China's recent 'quasi-legalization' operation of virtual currencies? Is it a test? Or the starting point of a new cycle? Feel free to share your views in the comments.
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