Henan Provincial People's Congress: The Ministry of Public Security is studying and formulating relevant regulations on virtual currency

According to digital asset disposal research, the recent report on the review results of the "Regulations on the Management of Case-Related Assets in Henan Province (Draft)" issued by the Henan Provincial People's Congress indicates that virtual currency has property attributes and is considered case-related assets, which has basically formed a consensus in judicial practice. However, virtual currency trading is comprehensively banned in China, with no legal trading platforms, and the disposal of virtual currency is still being explored in various regions. Currently, the Ministry of Public Security is studying the formulation of virtual currency-related systems, and it is more appropriate to uniformly regulate the management of this new type of case-related assets at the national level, rather than through local legislation.