China: Cryptocurrency Fundraising Interpretation including list of prohibited fundraising methods
Progress
Current status
in force
01 Mar 2022 in force
30 Dec 2021 under deliberation
Scope
Implementers
China
Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
judiciary
Government Body
court
Implementation Level
national
Timeline of events
Implemented listing of virtual currencies as illegal fundraising method
On 1 March 2022, the Chinese Supreme People's Court's decision to expand the list of illegal fundraising methods in the "Interpretation on Several Issues Concerning the Specific Application of Law in the Trial of Criminal Cases of Illegal Fundraisin…
SourceEvent type
order
Action type
implementation
Government branch
judiciary
Government body
court
List of illegal fundraising methods amended to include virtual currencies
On 30 December 2021, China's Supreme People's Court added a number of illegal fundraising methods to the list in the "Interpretation on Several Issues Concerning the Specific Application of Law in the Trial of Criminal Cases of Illegal Fundraising".…
SourceEvent type
order
Action type
amendment
Government branch
judiciary
Government body
court