- Chinese Supreme Court wants stricter punishments and clearer crypto laws.
- Judges say crypto-related crime is increasing in China.
- Beijing reinforces crypto crackdown after recent stablecoins ban.
Chinese judiciary chiefs want to give courts new powers to fight financial and crypto-related crime as Beijing steps up its crackdown on Bitcoin and other private digital assets.
The Supreme People’s Court, the country’s highest judicial body, said it wants to fight insider trading and market manipulation.
“We must conduct research and strengthen our responses to new types of financial crime, in sectors such as supply chain finance, internet finance, and cryptocurrencies,” said Wang Chuang, director of the court’s Second Civil Division.
The…







