CPC Central Committee: Resolutely crack down on corruption carried out using virtual currencies and blockchain.

PANews November 1 news, according to Xinhua News Agency, the "Decision of the Central Committee of the Communist Party of China on Several Major Issues Concerning Perseveringly Advancing Full and Rigorous Party Governance," adopted on October 29 at the Fifth Plenary Session of the 20th Central Committee of the Communist Party of China, proposes resolutely cracking down on corrupt conduct carried out through the internet, virtual currencies, cross-border funds, blockchain, and other means. The decision requires deep excavation and detailed investigation of new types of corruption and hidden corruption, such as expected returns, agreed nominee holdings, "white gloves," and the government-business "revolving door," with a focus on investigating and handling issues such as collusion between government and business and the penetration of capital into the political sphere. The decision also proposes deepening the construction of the digital discipline inspection and supervision system, advan

PANews November 1 news, according to Xinhua News Agency, the "Decision of the Central Committee of the Communist Party of China on Several Major Issues Concerning Perseveringly Advancing Full and Rigorous Party Governance," adopted on October 29 at the Fifth Plenary Session of the 20th Central Committee of the Communist Party of China, proposes resolutely cracking down on corrupt conduct carried out through the internet, virtual currencies, cross-border funds, blockchain, and other means. The decision requires deep excavation and detailed investigation of new types of corruption and hidden corruption, such as expected returns, agreed nominee holdings, "white gloves," and the government-business "revolving door," with a focus on investigating and handling issues such as collusion between government and business and the penetration of capital into the political sphere. The decision also proposes deepening the construction of the digital discipline inspection and supervision system, advancing the construction of a big data supervision platform for public power, and intensifying efforts to investigate and handle cross-border corruption cases.