【摘要】 涉虚拟货币合同纠纷呈现效力认定混乱、利益分配不一等司法裁判困境，根本症结在于金融规章影响合同效力的规范标准模糊以及虚拟货币的法律属性不明。破解困境的核心逻辑是引入利益衡量方法作为规章适用的路径支撑，并依效率与安全的二元平衡理念明确金融创新的价值评判尺度。在规则优化方面，需基于个案相异的核心利益冲突确立类型化的认定准则：“挖矿”类合同通常因生态环境利益的优位价值地位而无效；交易类合同因虚拟货币的多元交易场景而存在不同标准；委托类合同需依委托事项、受托人身份等因素识别是否为委托理财合同，此类合同可能因扩大金融风险、危害金融秩序而无效。更多还原

【Abstract】 The judicial judgment dilemma of disputes involving virtual currency contracts, such as confusion in the determination of validity and inconsistent distribution of interests, is fundamentally rooted in the vague normative standards of financial regulations affecting the validity of contracts and the unclear legal attributes of virtual currencies. The core logic to resolve this dilemma is to introduce the method of interests balancing as a supporting path for the application of regulations, and to clarify the value evaluation criteria for financial innovation based on the dual balance concept of efficiency and security. It is necessary to establish a typology of identification criteria based on the core conflict of interest in individual cases: “mining” contracts are usually invalid due to the superior value status of ecological and environmental interests; transaction contracts are subject to different standards due to the multi-functional attributes of virtual currencies; and entrustment contracts need to be identified as entrustment contracts based on the entrusted matters and identity of the trustee,which may be invalid due to expanding financial risks and jeopardizing the financial order.更多还原