China’s Supreme People’s Court (SPC) said it will examine modern rules for adjudicating cases involving virtual currencies and cross-border finance as part of a broader push to clarify how courts deal with disputes relating to the digital economy.
“We will conduct in-depth research on the rules for adjudicating new cases such as virtual currencies and cross-border finance, and formulate judicial interpretations on civil damages related to insider trading and market manipulation as soon as possible,” Liu Guixiang, a member of the SPC Judicial Committee, said during a press conference. reported Chinese news site Yicai on Wednesday.
The Court also plans to examine the principles of judicial protection in matters related to artificial intelligence and data property rights, including disputes over data ownership, data transactions and AI-generated content.
The study aims to develop clearer internal judicial standards on how courts should resolve disputes and liability in lawsuits related to intellectual property rights in cryptocurrencies and artificial intelligence. The promised guidelines could improve court consistency in the growing number of cryptocurrency and artificial intelligence cases in the country.
The comments come months after a high-profile trial involving Chen Zhi, the Chinese-born founder and chairman of Cambodia’s Prince Group, who was arrested in Cambodia on January 6, 2026, and was extradited to China shortly thereafter to face charges related to running a pig slaughter fraud.
In October 2025, the US Department of Justice seized approximately $15 billion worth of Bitcoin (BTC) from Zhi’s suspected operations.
US authorities accuse Chen Zhi and confiscate $15 billion worth of Bitcoin. Source: Justice.gov
China’s ban on all cryptocurrency transactions remains in force
Mainland China has had a hard relationship with the cryptocurrency industry.
In December 2013, the People’s Bank of China (PBOC) prohibited financial institutions to offer Bitcoin-related services and stated that Bitcoin was not recognized as a currency, marking his first major barrier move against the cryptocurrency industry.
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In September 2021, ten Chinese agencies, including the central bank and securities regulators, released a complete ban on all cryptocurrency transactions, bitcoin mining and initial coin offering (ICO) activities in the country.
In February, the PBOC banned the issuance of unauthorized foreign stablecoins pegged to the Chinese yuan and the unapproved issuance of tokenized real-world assets (RWAs).
Structure of the digital yuan, China’s CBDC. Sources: Cointelegraph
The latest ban came shortly after the Chinese government approved that commercial banks share interest with customers holding the country’s digital yuan, a central bank digital currency (CBDC) managed by state authorities.
A development signal that the PBOC is redoubling efforts to launch its own yuan-backed CBDC as a modern form of digital fiat money instead of stablecoins.
Warehouse: Investors 50 thousand fight Korean cryptocurrency tax, Singapore cancels Bsquared: Asia Express
