Shanghai Second Intermediate Court is working to unify legal standards for cryptocurrency-related crimes, addressing intent, completion criteria, and illegal business conviction conditions.
Shanghai Second Intermediate Court held a seminar discussing unification of legal standards in cryptocurrency crime cases. The seminar covered criteria for determining 'knowing intent' in money laundering, standards for crime completion, and conditions required for classifying activities as illegal business operations. This follows the court's position that personal crypto holdings or trades without commercial traits generally do not meet the definition of illegal business under current laws.