The Coordination Mechanism Between Legal Characterization and Judicial Disposal of Virtual Currencies
Abstract: Virtual currencies, characterized by anonymity, decentralization, and cross-border circulation, offer transformative potential as value media in the digital economy. However, in judicial practice, their ambiguous legal nature and divergent regulatory policies across jurisdictions have generated significant challenges in judicial disposition. Representative cases—including the U.S. Ripple litigation, the “Blue Company” Bitcoin cross-border recovery case, and Jingmen’s “first virtual cur
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