Central Political and Legal Committee Calls for Proactive Legislation on Emerging Technologies such as Cryptocurrency and Virtual Emails

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At the Central Political and Legal Work Conference held in Beijing, a clear stance was expressed that proactive policy responses are necessary in emerging technology sectors, including virtual currencies. The meeting, held from January 18 to 19, outlined a blueprint for political and legal work until 2026, emphasizing the importance of establishing future-oriented strategies to address various emerging issues.

Regulating New Technologies Through Proactive Legislation

Participants argued that preemptive research and proposals are essential to fill legislative gaps in new technological fields, including virtual currencies and virtual emails. There was also a consensus that legal institutionalization should be urgently pursued to protect the rights and interests of new employment groups and to stimulate the lower-tier economy in response to changing social demands.

Blockchain and Cryptography Technologies Pursued Under Strict Surveillance

It was particularly emphasized that legal and institutional strengthening is needed to prevent the misuse of cryptographic technologies utilizing blockchain as a means to evade regulation. At the same time, issues such as the spread of false information exploited by artificial intelligence technologies were included as targets for legal crackdown. The discussion highlighted the need to establish a regulatory framework that balances the positive application of new technologies with the prevention of side effects.

The results of the meeting are expected to serve as important guidelines for future policy formulation and legislative initiatives related to virtual currencies.

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