China's top judiciary body said authorities will further study adjudication rules for cryptocurrency as the country sees "emerging cases" tied to crypto.
During a Wednesday press conference in Beijing, Liu Guixiang, a supreme judge and a member of the Supreme People's Court judicial committee, said Chinese courts will conduct in-depth research into adjudication rules for "emerging cases involving virtual currencies and cross-border finance."
Liu also noted that authorities will move quickly to issue judicial interpretations on civil compensation related to insider trading and market manipulation.
The press conference was held as part of China's broader "15th Five-Year Plan" framework, which guides the nation's key economic and technological policies through 2030. The strategy includes efforts to integrate cybersecurity across digital infrastructure and governance in the world's second-largest economy.
Notably, Liu's remark builds on a February joint notice that broadened the country's crackdown on crypto-related financial activities. The notice reaffirmed the Chinese mainland's ban on crypto transactions, while expanding oversight to areas such as real-world asset tokenization and offshore yuan-linked stablecoins.
