The Supreme Court will strengthen the judicial response to new types of financial cases such as virtual currencies and improve the financial judicial protection system.

Odaily Planet Daily reports that the Supreme People’s Court stated at a press conference that in the new year, it will formulate judicial interpretations on civil compensation for insider trading and market manipulation in the securities market, and conduct in-depth research on judicial responses to new financial cases such as private equity funds and virtual currencies. It will also improve the financial judicial protection system. At the same time, the Supreme People’s Court will continue to carry out research and guidance on improving the governance structure of private enterprises, ensure lawful and equal protection of the legitimate rights and interests of private enterprises and entrepreneurs, accelerate the issuance of supporting judicial interpretations for the new Company Law, and continue to promote the establishment of bankruptcy courts.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

JPMorgan: The Crypto Market Structure Bill Is Expected to Be Approved Mid-Year and Will Serve as a Positive Catalyst in the Second Half of the Year

JPMorgan analysts expect the U.S. CLARITY Act to be approved by mid-year, serving as a positive catalyst for the market. The bill will provide regulatory clarity for the crypto market, promote innovation and institutional participation, and address controversies such as stablecoin yields and conflicts of interest, potentially bringing about eight positive impacts.

GateNews25m ago

Mysterious Account Precisely Bets on Iran Strikes, Trump Camp Faces "Insider Trading" Allegations

Due to the global financial markets being closed, investors flooded into prediction markets and decentralized exchanges, attempting to bet on the impact of the US and Israel's attack on Iran. This subsequently sparked a public outcry, accusing insiders of profiting from insider information. Kalshi's CEO responded by saying they would refund the fees, but the user dissatisfaction has not been fully alleviated.

GateNews42m ago

Mt. Gox Bankruptcy Case May See Resolution with Proposed Bitcoin Hard Fork

Former Mt. Gox CEO Mark Karpeles has proposed a Bitcoin hard fork to recover 80,000 BTC stolen from the exchange over a decade ago. The hard fork would see the BTC, worth $5 billion and currently held by a single wallet, moved to a new address without the requirement of the original private k

CryptoNewsFlash9h ago

What signals did the US SEC send behind the new 2% discount regulation for stablecoins?

The U.S. Securities and Exchange Commission (SEC) issued guidance on payment stablecoins on February 19, allowing broker-dealers to treat stablecoins with a 2% discount when calculating net capital, thereby giving them a legitimate status in capital calculations. This adjustment helps to integrate stablecoins into the mainstream financial system and promotes digital asset trading and services. Peirce's statement and the GENIUS Act could potentially change the market landscape, although federal and state frictions still exist. Nonetheless, this move paves the way for regulatory integration of stablecoins.

区块客11h ago

Platform X's ban on cryptocurrency paid promotions is not a new regulation

Platform X updated its "Paid Partnership Policy" on March 1st, which includes cryptocurrency in the list of prohibited promotions, and this is not a new regulation. The policy changes include adjustments to disclosure requirements and reporting channels, as well as the addition of new exception clauses.

GateNews13h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)