中国法院称比特币是一种商品，但警告其相关用途是非法的

上海松江区人民法院商事法官孙杰表示，加密货币在中国被视为商品，并未受到法律明确禁止。

A Shanghai court has stated that cryptocurrencies like Bitcoin (BTC) are considered commodities in China, but any crypto-related activities, including trading, issuance or payments, are deemed illegal financial practices.

上海一家法院表示，比特币（BTC）等加密货币在中国被视为商品，但任何与加密货币相关的活动，包括交易、发行或支付，都被视为非法金融行为。

The statement was made by commercial judge Sun Jie at Songjiang District People’s Court in Shanghai on Nov. 24. Sun’s statement provided legal guidance on cryptocurrencies during a booming market cycle, which she referred to as the new “gold rush.”

该声明由上海松江区人民法院商事法官孙杰于 11 月 24 日发表。孙杰的声明为加密货币在蓬勃发展的市场周期（她将其称为新的“淘金热”）期间提供了法律指导。

Sun was commenting on a case during the 2017 crypto “gold rush” in which a defendant provided token issuance guidance services to a plaintiff for a cost of 300,000 yuan (around $44,000 at the time). The defendant provided the service by drafting a white paper but did not assist in token issuance, which they believed was the plaintiff’s responsibility.

Sun 评论了 2017 年加密货币“淘金热”期间的一个案件，其中被告向原告提供代币发行指导服务，费用为 30 万元人民币（当时约为 44,000 美元）。被告通过起草白皮书的方式提供服务，但没有协助发行代币，他们认为这是原告的责任。

Sun stated that the contract agreement between the two parties was declared invalid as the crypto-related services outlined in the contract were considered illegal financial activities. However, she added that while it is illegal for commercial entities to issue tokens or participate in transactions, “it is not illegal for individuals to simply hold virtual currency.”

孙表示，双方之间的合同协议被宣布无效，因为合同中概述的加密相关服务被视为非法金融活动。不过，她补充说，虽然商业实体发行代币或参与交易是非法的，但“个人仅仅持有虚拟货币并不违法。”

The Shanghai court’s interpretation aligns with a recent case in the Jiahe County People’s Court in Hunan province of South-Central China. According to the municipal-owned media outlet Rednet on Nov. 21, the court recently rejected a plaintiff’s claims that demanded the return of $6.27 million in USDT.

上海法院的解释与中国中南部湖南省嘉禾县人民法院最近审理的一起案件一致。据市属媒体红网11月21日报道，近日，法院驳回了原告要求返还627万美元USDT的诉讼请求。

The dispute stems from a November 2021 WeChat agreement in which the plaintiff paid $23.67 million in USDT for crypto mining equipment, but differences between the parties arose over time. The court said that cryptocurrencies like Bitcoin, Ether and USDT are not legal tender and cannot be used as currency. The agreement to deliver crypto mining equipment for USDT was deemed invalid, and the court dismissed the plaintiff’s claims as it did not fall within the scope of legal protection under Chinese law.

该纠纷源于2021年11月的一份微信协议，其中原告支付了2367万美元的USDT购买加密挖矿设备，但随着时间的推移，双方之间出现了分歧。法院表示，比特币、以太币、USDT等加密货币不是法定货币，不能作为货币使用。为USDT交付加密货币挖矿设备的协议被认定无效，法院因不属于中国法律的法律保护范围，驳回了原告的诉讼请求。

The recent election victory of United States President-elect Donald Trump has led experts to suggest that China may ease its strict stance on crypto. Throughout the year, social media chatter fueled rumors that China would reverse its crypto ban, but Beijing has not officially provided any formal indication that it would do so. It has, however, eased restrictions in Hong Kong.

美国当选总统唐纳德·特朗普最近的选举胜利促使专家建议中国可能放松对加密货币的严格立场。全年，社交媒体上的讨论不断引发有关中国将撤销加密货币禁令的谣言，但北京方面尚未正式提供任何正式迹象表明它将这样做。然而，它放松了在香港的限制。