Mainland China has not introduced specific legislation for the legalization of virtual currencies; instead, it continues to strengthen the regulation and legal basis for prohibiting illegal financial activities related to virtual currencies.

I mentioned a few days ago in my livestream that there will definitely be moves in virtual currency legislation in 2026.

Here it is, at the beginning of 2026, this Central Political and Legal Affairs Work Conference has directly placed virtual currency alongside autonomous driving and low-altitude economy for the first time, clearly proposing forward-looking legislative research.

This time it’s not just a simple policy statement; this time it should be a real move.

Today, Lawyer Zhang will start from the whole legislative matter, unpack the signals released by this conference, and discuss the future direction.

First, let's understand: why is legislation being proposed right now?

The Central Political and Legal Affairs Work Conference focuses on one thing each year - setting the tone for the direction of political and legal work for the year. In 2026, as we start the 14th Five-Year Plan, we need to deal with geopolitical games outside and accelerate economic transformation and technological change domestically.