The Guangzhou Internet Court has provided crucial clarity regarding the legal status of virtual property in China, outlining distinct classifications based on their nature. Their April 26 briefing highlighted the importance of distinguishing between reality-mapped and network-constructed virtual assets, which significantly impacts how cryptocurrencies are treated under Chinese law. This clarifies that unauthorized digital asset trading activities remain unprotected, reflecting a robust regulatory stance from Chinese authorities. The report reinforces that investment in cryptocurrency forms outside legal tender, such as Bitcoin and Ethereum, are not protected by judicial channels, leaving these investments vulnerable to further scrutiny.