China's Regulatory Tightrope Walk: The Crypto Confiscation Conundrum

China’s Regulatory Tightrope Walk: The Crypto Confiscation Conundrum

The paradox of China’s stringent ban on trading cryptocurrencies is the accumulation of seized currencies and cryptocurrencies as a byproduct of law enforcement activity. Policymakers have taken a lackadaisical approach to guidelines that govern seized assets. Regulatory experts and others in the digital currency industry have tried to reason the need for definitive policies to…