Beijing Dongcheng Court forced the transfer of digital RMB wallet balances for the first time, making it impossible for the losing party to evade compensation.

According to news from this website on December 25, according to the official account of Jingfa Internet Affairs, Beijing Dongcheng Court recently forced the transfer of the balance of the digital RMB wallet under the name of the person subject to execution for the first time, which not only protects the parties’ rights to win the lawsuit, but also provides future Experience has been accumulated in enforcing the new property of digital RMB wallet balance.

The case process attached to this site is as follows:

A partnership between the applicant for execution and Ding, the person subject to execution In a contract dispute case, Beijing Dongcheng Court ordered Ding to pay an investment of more than 5 million yuan and corresponding investment income. After the judgment came into effect, Ding failed to fulfill his payment obligations as scheduled, so a partnership, the applicant for execution, applied to Beijing Dongcheng Court for compulsory execution.

After entering the execution procedure, the Beijing Dongcheng Court investigated and controlled the property under the name of the person subject to execution, Ding, in accordance with the law, but the property that had been checked was not enough to pay off all the claims. Later, the court found after investigation that Ding, the person subject to execution, may have opened a digital RMB wallet. Because digital RMB wallets are different from traditional bank accounts, the parties can use their mobile phones to download the digital RMB app and register and then choose any operating institution to open it.

Currently, the operating institutions that provide digital RMB services include Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China, China Merchants Bank, Industrial Bank, Online Banking (Alipay), and WeBank (WeChat Pay), Industrial and Commercial Bank of China and other ten banks

In order to find out the code and balance of the digital RMB wallet under Ding’s name, Dong Liang, a police officer from the Executive Bureau, inquired to the Digital Currency Research Institute of the People’s Bank of China , the exchange stated that relevant information can be inquired at the digital renminbi operating bank. To this end, Dong Liang, a police officer from the Enforcement Bureau, went to the branches of the above-mentioned digital renminbi operating banks one by one to conduct inquiries.Finally, it was discovered that the person subject to execution, Ding, had opened a digital renminbi wallet at China Construction Bank and had a partial balance in the wallet.

Beijing Dongcheng Court required an outlet of China Construction Bank to assist in freezing and transferring the digital RMB wallet balance under the name of the person subject to execution, Ding. The bank outlet assisted in freezing, but stated that the existing system could not Perform digital RMB transfer operations. In order to realize the legitimate rights and interests of the person applying for execution, after contacting the relevant departments, and finally with the communication and coordination of the competent authorities, the head office, and the branch, the bank completed the system upgrade and successfully transferred the balance of the digital RMB wallet under the name of the person subject to execution, Ding. To Court Account .

Currently, the case is still in the process of further enforcement

It is worth mentioning that @People's Court News issued an article stating that "Beijing Chaoyang Court involves digital RMB accounts for the first time in enforcement." , but after careful observation, it was found that it was not actually a forced execution, but a repayment operation proactively carried out with the cooperation of the person subject to execution

According to "China According to the "White Paper on Research and Development Progress of Digital RMB", the transaction information collected by the digital RMB system is less than that of traditional electronic payment models. Unless otherwise specified in laws and regulations, will not be provided to third parties or other government departments.

The above is the detailed content of Beijing Dongcheng Court forced the transfer of digital RMB wallet balances for the first time, making it impossible for the losing party to evade compensation.. For more information, please follow other related articles on the PHP Chinese website!