According to the latest Chinese civil code, the government has added cryptocurrencies in its legally inheritable list of assets. The new law was passed at the 13th National People's Delegation's conference which was held in Beijing. President Xi Jinping and other Chinese leaders attended the conference at the Great Hall of the People

.
The passed bill amended the civil law passed in 1985. With this amendment, China has lengthened the range of inheritable assets prescribed by the Inheritance Law to assets on the Internet, including cryptocurrencies such as Bitcoin, Ethereum, Ripple, DASH, etc.
This new civil code will enter into force on Jan. 1, 2021. Various Chinese courts have also directed that cryptocurrencies are assets that should be guarded by law.