First of all, although the Chinese government is cracking down on the cryptocurrency industry, it doesn't mean they don't understand that it can make money. Now that local governments are short on funds, they will definitely look for a proper way to safeguard this wealth and then sell it one day for some reason to relieve financial pressure. Furthermore, is it not because the market is currently rising that any news is being interpreted as positive? Everyone, stay calm!

The city of Duyun in Guizhou Province, China, is exploring new methods for preserving virtual currencies involved in cases by seizing frozen digital assets and physically isolating them in cold wallets to ensure the safety of evidence and prevent asset loss. This innovative approach may provide a reference for other regions in the country dealing with sensitive cases involving crypto assets, demonstrating China's active exploration in the judicial practice of digital assets.

💬 In the context of increasingly strict regulation of crypto assets, do you think this can effectively balance law enforcement needs and asset security? What impact might this have on the future compliance process of crypto assets in China?

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Event time: August 18, 2025, 14:00 to August 19, 2025, 14:00 (UTC+8)