
China’s Supreme People’s Court announced plans to study new judicial rules for cryptocurrency and cross-border digital finance cases during a major State Council press conference tied to the country’s 15th Five-Year Plan.
Meanwhile, all this will be done while maintaining its strict ban on crypto trading domestically.
During a May 27 press conference tied to China’s upcoming 15th Five-Year Plan, senior officials confirmed that the country’s highest court will now study formal judicial rules for virtual currencies and cross-border crypto finance.
The announcement came during a high-level State Council Information Office briefing attended by officials from China’s Supreme People’s Court, Supreme People’s Procuratorate, Ministry of Justice, and Ministry of Public Security. The meeting focused on strengthening financial oversight, AI governance, cybersecurity, and digital economy regulation through 2030.
The statement is important because China has rarely publicly discussed national judicial standards for crypto disputes since banning crypto mining and exchanges in 2021.
During the briefing, Supreme People’s Court official Liu Guixiang said Chinese courts will:
Despite the ban, Chinese courts are still seeing more crypto-related cases involving stablecoins, OTC trading, frozen assets, fraud, mining deals, and cross-border transfers.
Because different provinces were giving different rulings, Beijing now wants more consistent rules for handling crypto disputes while keeping tighter control over financial risks.
However, this does not mean China is legalizing Bitcoin or reopening domestic exchanges.
Another important development is China’s push toward legal frameworks for regulating AI-generated content, data ownership, and digital economy infrastructure.
Officials said courts will introduce new rules for AI-generated content, data ownership, digital assets, and online financial activity. The Supreme People’s Court said it plans to improve laws around data rights and support the growth of the digital economy.
This shows China is building broader legal rules for new technologies, including systems connected to blockchain and tokenized digital assets.
The Chainlink (LINK) price is testing a crucial resistance zone after recovering sharply from its…
The Quant price surged more than 50% in the past 24 hours, climbing from around…
SEI price has staged a sharp recovery from its August 2026 all-time low of $0.03824,…
BGB token price is back under pressure as the token struggles below the $2.0-$2.20 resistance…
CCIP 2.0 is officially live, and CCIP 2.0 is positioning itself around a much bigger…
Stablecoin issuer Tether has officially confirmed that it has assisted U.S. law enforcement and sanctions…