China is considering implementing a nationwide policy to regulate the handling of cryptocurrencies seized from criminal activities. The absence of clear guidelines has led to varying disposal practices across regions, sparking concerns about misuse and corruption. Chinese local governments have been divesting crypto assets, but the growing scale of related crimes is prompting a rethink. Some experts suggest China should adopt a centralized reserve model similar to the US, where confiscated digital assets are retained as part of a long-term national strategy. This would align with global trends of treating crypto as strategic resources.
Leave a Reply