Rules on virtual-currency-related court rulings are coming—this means that going forward, people who get scammed or end up losing money when trading cryptocurrencies will have clear rules for how court cases are handled, instead of endlessly kicking the ball around in a gray area.

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Wu Shuo learned from a report by Yicai that at the “Starting Well in the ‘15th Five-Year Plan’” series of thematic press conferences held by the Information Office of the State Council, Liu Guixiang, a deputy-ministerial-level full-time member of the Adjudication Committee and a second-rank justice of the Supreme People’s Court, said that people’s courts will conduct in-depth research into new types of cases such as virtual currencies and cross-border finance, and will promptly develop judicial interpretations on civil compensation for insider trading and market manipulation, so as to ensure the steady operation of the capital market and effectively safeguard the lawful rights and interests of small and medium-sized investors.
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