Supreme Court: Will study the adjudication rules for new types of cases such as virtual currencies

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Mars Finance News: The State Council Information Office held a series of themed press conferences titled “Getting Off to a Strong Start and Advancing the 15th Five-Year Plan,” introducing information related to “Promoting Comprehensive Law-Based Governance.” Liu Guixiang, a vice-ministerial full-time member of the Judicial Committee of the Supreme People’s Court and a second-tier chief justice, said that the Supreme People’s Court will conduct in-depth research into adjudication rules for new types of cases such as virtual currencies and cross-border finance, and will promptly formulate judicial interpretations on civil compensation concerning insider trading and market manipulation, to ensure the sound and steady operation of the capital market and protect the lawful rights and interests of small and medium-sized investors. In addition, he said that, in response to new business models in the digital economy, the Supreme People’s Court will study and develop normative documents on judicial protection of data property rights in cases involving artificial intelligence, and will improve adjudication rules regarding data ownership, data trading, and AI-generated content.
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GateUser-744c843b
· 7h ago
Small and medium investors' rights have been called for many years; let's see if this can finally be implemented.
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BluePeonyPrincipalProtection
· 10h ago
Judgment rules for new forms of the digital economy; judges should first brush up on their technical knowledge.
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GasFeeGrump
· 11h ago
Judicial interpretation of civil compensation for insider trading? New avenues for retail investors to defend their rights
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BetaParanoiac
· 11h ago
From the very beginning of the 14th Five-Year Plan, they have been focusing on cross-border finance, and the regulatory approach has clearly been upgraded.
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MoonlightLiquidationLine
· 12h ago
Finally, the Supreme Court has made a statement. The lack of clear rulings on virtual currency has lasted too long.
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AirdropLunchbox
· 12h ago
The copyright ownership of AI-generated content is finally being regulated; previously, it was all in a gray area.
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GateUser-83a2dd8a
· 12h ago
The four characters "Data Property Rights Protection" are worth a fortune; only with confirmed rights can transactions occur.
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