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China's Supreme Court to Review Crypto and AI Dispute Rules

News Snapshot:

China’s Supreme People’s Court (SPC) has signaled a broader initiative to standardize how digital economy disputes are adjudicated, with new research focused on rulings for virtual currencies and cross-border finance. The move aims to produce clearer judicial guidelines that can handle a rising tide of crypto- and AI-related cases, according to Liu Guixiang, a member of the SPC Judicial Committee. He told Yicai that the court would study adjudication rules for these evolving areas and, as soon as possible, formulate interpretations governing civil compensation in cases such as insider trading and market manipulation.In addition to crypto and cross-border finance, the…

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