Wu Says Has Learned: An article in the Theory Edition of the People’s Procuratorate Daily points out that China’s crackdown on money-laundering crimes involving virtual currencies still faces issues such as the characterization of conduct, the obtaining of evidence, and the recovery and preservation of proceeds, and it recommends establishing adaptive standards for verifying and reviewing electronic evidence, building tiered standards of proof and rules for reasonable presumptions, and exploring the authorization of technical investigative measures and their standardized application. At the same time, it calls for the introduction of national-level operating procedures for disposing of case-related assets involving virtual currencies, to unify operational standards for sealing, custody, valuation, and realization, build a national-level custody and disposal platform for virtual currencies involved in cases, and dispose of them through compliant channels such as targeted auctions or agreement-based transfers.

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