The People's Court Daily of China published an article titled "Identification of the Property Attributes of Virtual Currency and Disposal of Property Involved in Cases". The article analyzed the criminal law attributes of virtual currency, stating that virtual currency has economic attributes and can be classified as property, and that current laws and policies do not define virtual currency as illegal items. Therefore, under the current legal and policy framework, virtual currency held by relevant entities in my country is still legal property and is protected by law.
The article suggests handling the money and property involved in the case from the basic standpoint of legality. A Guan believes that for crimes involving virtual currency, the money and property involved cannot be confiscated or returned in general. They should be treated separately on the basis of the unified criminal and civil law order to achieve a balanced protection of personal property rights and interests and social public interests.
