[China's Supreme People's Court to Strengthen Judicial Response to New Financial Cases such as Virtual Currency] BlockBeats News, February 25: Yesterday, China's Supreme People's Court held a press conference on 'The People's Courts' Civil and Commercial Trial Services to Ensure High-Quality Economic and Social Development.' The Supreme Court stated that in the new year, it will formulate judicial interpretations on civil compensation for insider trading and market manipulation in the securities market, conduct in-depth research on judicial response measures for new financial cases such as private equity funds and virtual currencies, and improve the financial judicial protection system. At the same time, the Supreme Court will continue to carry out research and guidance on improving the governance structure of private enterprises, further solidify the equal protection of the legitimate rights and interests of private enterprises and entrepreneurs in accordance with the law, accelerate the issuance of supporting judicial interpretations for the new Company Law, and strengthen judicial research and trial guidance for disputes involving various market entities. In addition, the Supreme Court will continue to promote the establishment of bankruptcy courts, improve the bankruptcy trial mechanism, and prepare supporting judicial measures for the revision of the Bankruptcy Law. (China Daily)