Mankun Updates

Mankun Law Firm is pleased to announce that Attorney Su Zitao has officially joined the firm. A graduate of China University of Political Science and Law, Attorney Su brings over five years of experience at leading law firms, with a focus on financial dispute resolution, corporate compliance, and regulatory response. He also conducts ongoing research into domestic and international regulation of Web3 and digital assets. His arrival will enhance Mankun’s ability to integrate services across traditional finance and emerging digital assets, providing clients with comprehensive solutions that encompass litigation and arbitration, responses to regulatory investigations, and the establishment of compliance frameworks.

Mankun Law Firm (Shenzhen) welcomes Attorney Yu Hongyuan, significantly enhancing its legal service capabilities in the fields of digital assets, artificial intelligence governance, and cross-border finance. With dual Master of Laws degrees from China and Germany, Attorney Yu specializes in comparative multi-jurisdictional regulation and compliance implementation. He will provide professional support to technology enterprises and financial institutions, covering stablecoin compliance, AI data governance, cross-border business structure design, and risk assessment, thereby assisting enterprises in achieving steady development within the global digital economy.

Shanghai Mankun (Shenzhen) Law Firm welcomes senior attorney Jiang Heng. Attorney Jiang brings five years of legal practice experience and seven years of experience in financial risk control, with a focus on financial compliance, commercial dispute resolution, and corporate fund risk management. He excels at integrating traditional finance with Web3.0 business rules, providing integrated services for establishing AML/KYC compliance frameworks and resolving civil and commercial disputes in scenarios such as cross-border fund collections and payments, OTC fiat-to-crypto and crypto-to-fiat conversions, and account risk control, thereby helping enterprises achieve steady growth in complex regulatory environments.

Mankun Law Firm is pleased to announce that Attorney Liu Ying has officially joined the firm. With ten years of frontline experience in economic crime investigation with public security organs, and having previously served in Alibaba’s Security Department and Huobi, Attorney Liu possesses a multidisciplinary practical background spanning criminal investigation, internet platform security, and the Web3 digital assets industry. His arrival will significantly enhance Mankun’s professional capabilities in criminal defense, criminal complaints, corporate criminal risk prevention and control, and the handling of Web3-related criminal cases, providing clients with comprehensive legal solutions that integrate perspectives from criminal investigation, platform risk management, and industry operations.

BitMart has announced the cessation of its operations. This article provides an in-depth analysis of the distinct legal risks and response strategies faced by users, onshore employees, and key opinion leaders (KOLs) in this event. For users, it is recommended to handle assets based on product types, preserve evidence such as transaction IDs (TXIDs), and rationally choose among communication, cross-border litigation, or filing reports with authorities. For onshore employees, emphasis is placed on clarifying job authority, subjective awareness, and actual level of involvement to avoid being simplistically labeled. For KOLs, it is pointed out that promotional content, commission structures, and whether there was deep involvement in guiding transactions must be reviewed, with vigilance against criminal risks such as the crime of operating a casino. The core recommendation for all parties is to immediately secure a complete chain of evidence, rather than blindly deleting records or transferring assets.

Shanghai Mankun Law Firm has entered into a strategic cooperation with Hangzhou Lianliankan Game Technology Group Co., Ltd. and Xingxue Hengcheng Family Office in Shenzhen. The three parties will integrate their capabilities in industrial ecosystems, family wealth services, and legal compliance to deepen collaboration in four key areas: family wealth succession and governance, full-lifecycle legal services for enterprises, enterprise overseas expansion and cross-border development, and joint construction of industry ecosystems. This partnership aims to provide systematic and diversified professional service support to corporate clients and high-net-worth families.

This article analyzes the criminal risks faced by operations, business development (BD), and community staff in cases where Web3 projects are suspected of illegal business operations. It points out that whether an employee bears liability depends not on their job title or whether they handle funds, but on their subjective awareness and their actual role in content creation, customer acquisition, transactions, and the fund chain. By analyzing regulatory policies and adjudication rules, the article elucidates how to distinguish between administrative violations and criminal offenses, emphasizes the logic for identifying accomplices in joint crimes, and provides practical advice for employees to prioritize preserving evidence such as labor contracts and communication records when facing investigations, aiming to help relevant personnel clarify the boundaries of liability.

Shanghai Mankun Law Firm has entered into a strategic cooperation agreement with the AI payment platform ArrivalX, focusing on compliance governance for agentic payments. The two parties will conduct research on core issues including agent identity verification, authorization boundaries, payment risk control, anti-money laundering, and cross-border regulation. Leveraging Mankun’s expertise in AI governance and fintech compliance alongside ArrivalX’s global payment infrastructure, they aim to jointly promote the robust implementation of AI agent payments in real-world commercial scenarios and foster global regulatory coordination.

Liu Honglin, founder of Mankun Law Firm, attended the "Judicial Assistance for Enterprises Lecture Hall" in Nanshan District, sharing insights on legal service opportunities and compliance practices in the Web3 and AI sectors. The event focused on legal pain points in emerging business models. Director Liu analyzed global crypto assets regulation, adjudication rules for disputes involving cryptocurrencies, and a full-lifecycle service system for Web3 enterprises expanding overseas. Another expert discussed five core issues, including AI data compliance, intellectual property, and content security. The event aimed to help enterprises strengthen their compliance baseline and support the high-quality development of the new economy through professional exchange.

This week, global AI and Web3 regulation exhibited a “rules-first” trend. In the AI sector, Anthropic reached a USD 1.5 billion settlement over the use of pirated data, highlighting commercial liability for proving data provenance; the Suno case is facing judicial scrutiny in the United States and Europe, with copyright boundaries becoming increasingly clear. In the Web3 sector, the final rules on stablecoins in the United States were delayed but compliance standards were clarified, while progress on the CLARITY Act remained slow; the transitional period under the EU’s Markets in Crypto-Assets Regulation (MiCA) ended, making licensing a prerequisite for providing services. Enterprises should shift from pursuing speed to building long-term compliance frameworks, with a focus on improving data trail retention, reserve audits, and license applications.

Shao Jiadian, a partner at Mankun Law Firm, was invited to attend the event titled "Era of High-Standard Governance: Challenges and Breakthroughs for AI Startups in China," hosted by the Shenzhen International Finance Research Association. Attorney Shao will address challenges faced by AI startups in areas such as data, content, algorithms, intellectual property, and cross-border compliance, exploring how to balance compliance requirements with commercial innovation under the backdrop of high-standard governance, thereby helping enterprises identify pathways for sustainable development.

Shao Jiadian, Equity Partner at Mankun Law Firm, delivered a keynote speech at the 2026 Global AI Founders Summit, highlighting that Chinese AI entrepreneurs face the world's most stringent regulatory environment. The article compares regulatory differences among China, the United States, and Europe, emphasizing that China has established a comprehensive governance system covering data, algorithms, models, and content. Attorney Shao outlined compliance risks across five dimensions: ownership of training data, model filing, application registration, content labeling, and continuous iteration. He put forward the core viewpoints that "obtaining data does not equate to having the right to train" and that "each iteration requires a renewed compliance assessment," recommending that enterprises mitigate operational risks and enhance financing viability by standardizing data governance and maintaining a stable filing system.

Through the case of a post-2000s AI entrepreneur, this article explores how Vibe Coding (atmospheric programming), while lowering the barrier to development, does not simplify the essence of entrepreneurship. It points out that although AI can rapidly deliver product prototypes, the key to success lies in precise demand validation, accumulation of SEO content assets, compliance with cross-border payment regulations, and clear boundaries of rights and responsibilities. It emphasizes that lawyers and other professionals should enhance their business acumen and product intuition, using AI as an execution tool to focus on solving real commercial problems and addressing compliance risks, rather than merely concentrating on technical implementation.

On July 30, 2026, Mr. Shao Jiadian, a partner at Mankun Law Firm, was invited to attend the event titled “The Era of High-Standard Governance: Challenges and Breakthroughs for AI Startups in China,” hosted by the Shenzhen International Finance Research Association. Drawing on industry practice, Mr. Shao will focus on the challenges faced by AI startup enterprises in areas such as data, content, algorithms, intellectual property, and cross-border compliance. He will explore how companies can identify sustainable development paths that balance compliance requirements with commercial innovation against the backdrop of high-standard governance.

Mankun Law Firm has established an ecosystem partnership with Unified Labs, Asia’s first institutional-grade risk curator focused on real-world assets (RWA) and decentralized finance (DeFi). The two parties will combine Unified Labs’ expertise in designing on-chain credit risk frameworks with Mankun’s practical experience in Web3 legal services and global compliance. They will collaborate on industry research, resource matchmaking, and coordinated client services to jointly explore service models that integrate technology, finance, and legal compliance, thereby providing robust and comprehensive service solutions for Web3 projects and related institutions.

The founder of Mankun Law Firm shares practical insights and reflections on leveraging AI to reshape the firm’s operational systems. The article argues that AI applications should evolve from mere tool experimentation to deep integration into business processes, such as automatically generating initial drafts of service proposals, automating content operations, and pre-processing routine client inquiries, thereby achieving a human-machine collaboration model characterized by “AI in the front, lawyers in the back.” By reducing fixed costs and optimizing organizational structure, Mankun is committed to developing productized legal services in the fields of Web3, AI, and tech finance, while exploring new directions in AI legal technology for overseas B2B clients. It emphasizes that young legal professionals should possess the ability to transform specific business segments using AI.

⚡ Weekly Review: June 24 to July 1, 2026 (Week in Review: June 24 – July 1, 2026)

⚡ This Week in Review: June 18–24, 2026

Ensuring the lawful development of Web3.0 in China.

Looking forward to our next gathering!

What has Web3 truly brought us?

We look forward to our next gathering!

Ensuring the lawful development of Web3.0 in China.

Looking forward to gathering in the new year!

Ensuring the lawful emergence of Web3.0!

Ensuring the lawful emergence of Web3 in China.

Ensuring the lawful emergence of Web3.0 in China.

We look forward to seeing you again!

Ensuring the lawful development of Web3.0 in Hangzhou!

Ensuring the lawful development of Web3.0 in China.

Commercial implementation is crucial

Zhengzhou’s first offline Web3 event—registration is now open.

Limited to 30 seats. Enroll now to enjoy dual certificates, community access, resources, and the benefit of receiving the "Web3 Legal Pitfall Avoidance Guide"!

We look forward to meeting again!

We look forward to meeting again!

Ensuring the lawful emergence of Web3.0 in China.

Ensuring the Legitimate Development of Web3.0 in China

Radio Program Transcript

Ensuring the lawful development of Web3.0 in China

We look forward to meeting again!

We look forward to meeting again!

We look forward to our next gathering!

Registration is now open!

An offline event in Shanghai. Registration is now open!

We look forward to meeting again!

We look forward to meeting again!

Congratulations to Attorney Mao Jiehao for receiving the Phoenix New Media Digital Economy Industry Compliance Development Award!

On September 10, 2024, the AI + Web3 Industry Forum, co-hosted by Draper Dragon, Uweb, and HKBA, kicked off. The forum brought together entrepreneurs and elites from the Web3 and AI industries to jointly explore directions for industry innovation and pathways to implementation. Mankun Law Firm was also invited to participate. Liu Honglin, Founder and Managing Partner of the firm, served as a keynote speaker and shared insights on “Web3 Startup Compliance: Don’t Be ‘Too Web3’,” offering reference guidance for Web3 entrepreneurs from a legal perspective. The entire presentation revolved around compliance issues in the Web3 industry, combining recent high-profile events to analyze common pitfalls in compliant operations for Web3 projects.

Authored by: Mankun Law Firm. According to incomplete statistics compiled by Mankun Law Firm, from September 2 to September 8, 2024 (UTC+8), a total of 23 significant crypto policies and related actions were disclosed across various countries and regions worldwide. This represents a significant decrease compared to previous weeks. The majority still involved various regulatory and enforcement actions, with a few relating to developments in virtual currency regulatory policies. Among these: There were 5 items of information regarding crypto policies in China. Notably, the topic of judicial disposal of virtual currencies in China warrants attention. Following the Supreme People's Court's announcement that it is one of the key funded research topics, the China Court Daily also published an article actively promoting research on this topic.

On August 28, 2024, the Hong Kong Monetary Authority (the "HKMA") took another step forward in promoting crypto-financial innovation by launching the "Ensemble" sandbox initiative. According to the HKMA's press release, the Ensemble project sandbox aims to facilitate interbank settlement using experimental tokenized money and to focus research on tokenized asset trading. * Image source: Official website of the Hong Kong Monetary Authority. Concurrently, the HKMA announced that the first phase of trials would cover four major use case themes for tokenized assets, including: fixed income and investment funds, liquidity management, green and sustainable finance, and trade and supply chain financing. This announcement has sparked

In late August, the Supreme People's Court released the "Announcement on Bidding for Major Judicial Research Projects in 2024." At first glance, this may seem unrelated to the crypto community, but upon closer inspection, you will notice that one of the key funded projects is explicitly titled "Research on Issues Concerning the Disposal of Virtual Currencies Involved in Cases." You might still think, "Well, isn't this just an academic research project? Who knows when it will actually be implemented in practice!" * Image source: Screenshot from the official website of the Supreme People's Court of China. Then, on September 3, the latest update arrived: People's Court Daily published an article titled "Judicial Disposal of Virtual Currencies Must Be Standardized," which stated: "In current judicial practice, the disposal of virtual currencies has become a focal issue of widespread concern.

According to incomplete statistics compiled by Mankun Law Firm, from August 26 to September 1, 2024 (UTC+8), a total of 41 significant crypto-related policies and related actions were disclosed worldwide. These primarily consisted of enforcement activities targeting cryptocurrencies in various countries and regions, although several key policy announcements were also made. Among these: There were 13 items of information regarding crypto policies in China; notably, the Hong Kong Monetary Authority launched the Ensemble Project sandbox to promote tokenization applications. In the United States, there were 10 major policies and actions involving the crypto industry, with reports indicating that the U.S. House of Representatives will hold multiple hearings on cryptocurrencies in September. In Europe,

There are very few practical differences between Malta’s VFA regime and the EU’s MiCA.

If you are going to play it this way, I am wide awake.

Made in the USA

According to incomplete statistics compiled by Mankun Law Firm, from August 12 to August 18, 2024 (UTC+8), a total of 36 significant crypto-related policies and related actions were disclosed by countries and regions worldwide. Governments in multiple jurisdictions, represented by the United States and the European Union, are vigorously advancing the formulation and passage of relevant legislation. Specifically: There were six items of information concerning crypto policies in China, including the announcement by the Chief Corporate Development Officer of Hong Kong Cyberport that more than 250 Web3 enterprises have settled in Cyberport; There were nine policy developments and actions involving the crypto industry in the United States, where participants in the U.S. crypto industry and certain officials are taking steps to urge Harris to adopt clearer crypto asset monetary policies and promote

This visit aimed to gain an in-depth understanding of Mankun Law Firm’s innovative practices and digital management operations in the field of blockchain legal services.

Ensuring the lawful development of Web3.0 in China through professional legal services!

Attorney Liu Honglin of Mankun Law Firm was recognized as an Outstanding Young Lawyer in Yangpu District for the 2021–2022 period.

According to incomplete statistics compiled by Mankun Law Firm, from July 8 to July 14, 2024 (UTC+8), a total of 31 key crypto-related policies and related actions were disclosed worldwide. These developments reflect diverse and dynamic strategies ranging from strict regulation to supportive measures across major countries and regions, as well as efforts to strike a balance between innovation and financial risk management. Specifically: There were four items of information regarding China’s crypto policies, including two enterprises approved by the Hong Kong Securities and Futures Commission to provide relevant services to virtual asset investors in Hong Kong; there were eleven policy developments and actions involving the crypto industry in the United States, notably including remarks by the Chairman of the U.S. Commodity Futures Trading Commission (CFTC) concerning the cryptocurrency market’s seven

Expanding overseas, riding the wind and waves!

Track global policy developments and grasp Web3 compliance trends

Cybersecurity Company's "Insider Theft" Highlights Need for Strengthened Compliance Management

Track global policy developments and grasp Web3.0 compliance trends

Clarify the legal nature and trading rules of NFTs, and establish access mechanisms and regulatory authorities

Operating crypto communities is both easy and challenging.

Track global policy developments and grasp compliance trends in Web3.

Currently, the trading assets that securities brokers can offer to Hong Kong retail investors are limited to BTC and ETH.

Major news for the crypto industry?

Track policy developments and grasp crypto trends

Web3.0 Year-End Lecture

This is utterly outrageous!

A Tribute to Comrade Chuan Jianguo

By Wu Tianyi | Published by DeThings. Recently, Bloomberg cited insiders reporting that Hong Kong-based BC Technology Group is considering selling its crypto trading platform, OSL. However, OSL insiders told DeThings that the Bloomberg report does not fully align with the facts. Previously, Wang Yang, Vice President of the Hong Kong University of Science and Technology, commented on the regulation of virtual assets in Hong Kong, stating that the existing licensing regime is not only burdensome but also counterproductive. He used the term “licensed to death” to describe the predicament faced by licensed exchanges in Hong Kong—institutions that have obtained virtual asset trading platform licenses in Hong Kong struggle to compete with other unlicensed or overseas exchanges due to strict regulatory requirements and high operating costs, leading to sluggish business performance or even losses.

Entrepreneurship in Web3, Open Discussions Every Wednesday!

Yesterday afternoon, seven departments, including the Cyberspace Administration of China, jointly issued the Interim Measures for the Administration of Generative Artificial Intelligence Services. This comes just over three months after the release of the draft for public comment on April 11.

An explanation of the schemes that claim individuals can be released from custody in exchange for payment.

Have you “Miaoya” today?