On June 5th, the legal affairs office of the Beijing Municipal Public Security Bureau published an article on its public account "Legal Youth Court", detailing an innovative "Beijing Model" - disposing of crypto-related case assets through Hong Kong-compliant licensed exchanges, achieving a closed loop from on-chain to off-chain, which is both legal and efficient.
According to the article, the legal division of Beijing Public Security Bureau collaborated with Beijing Property Rights Exchange to explore a new channel: first entrusting crypto case assets to Beijing Property Rights Exchange for inspection, reception, and transfer, then publicly liquidating through Hong Kong-compliant licensed exchanges (such as OSL Exchange, HashKey Pro). After completing the transaction, funds undergo national foreign exchange management approval procedures and are ultimately converted and deposited into the case-specific account of the public security bureau, to be paid into the national treasury. So far, Beijing Property Rights Exchange has processed 5.468 million case assets.
[The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating into English.]
