Shanghai law enforcement, scientists talk about cryptocurrency

Representatives of law enforcement and academia in Shanghai organized a seminar on fighting cryptocurrencies, regulation and computer-related crimes. The definition of” legal characteristics of virtual currencies ” was one of the main topics of the forum, which also focused on financial surveillance issues.

Prosecutors, professors discuss crypto surveillance in Shanghai
Amid the ongoing crackdown on cryptocurrency mining, trading and other related activities in China, Shanghai law enforcement, judicial and Academy officials recently gathered to talk about the “virtual currency.””The discussion focused on issues related to applicable law and surveillance, as well as providing the legal definition of cryptocurrencies and combating crimes related to digital assets.

Source: Shanghai Prosecutor’s Office.
The event was organized by various departments of the Shanghai prosecutor’s office, the people’s Court, the legal group of the Shanghai Public Security Bureau, and the research center of the financial surveillance and criminal Department of the East China University of Political Science and law. The banking and insurance financial crimes Research Center under the Shanghai prosecutor’s office also participated in the discussions, which also addressed the financial risks associated with decentralized money.

The Shanghai prosecutor’s office said Monday that more than 50 experts and scientists from the city’s public security services, the judiciary and academics attended the forum.

The seminar was presented by Wang Jianping, director of the Shanghai People’s prosecutor’s office. In his opening remarks, Attorney General Chen Xiqiun noted that financial security is an important part of national security and that preventing systemic financial risks is a priority for Shanghai officials, a global financial hub. Chen xitsun also stated:

It is our responsibility and responsibility to actively respond to risks

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