Global Stock News

China’s Top Court to Study New Standards as Crypto-Related Cases Rise

China’s Top Court to Study New Standards as Crypto-Related Cases Rise

  • China’s Supreme People’s Court said it will strengthen research into new judicial standards in response to a rise in cases involving virtual assets.
  • Chinese authorities said that alongside a ban on virtual-asset trading, civil legal acts related to virtual-asset investment are invalid and investment losses must be borne by investors themselves.
  • Hong Kong is pushing ahead with stablecoin licenses and a licensing regime for virtual-asset advisory and asset-management services as part of its drive to foster the virtual-asset industry.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator

Photo: Shutterstock
Photo: Shutterstock

China’s Supreme People’s Court said it will intensify research into new judicial standards as cases…

Source link

Share this article

Scroll to Top