China’s Communist Party has targeted crypto-linked corruption in a resolution adopted on 29 October.
Xinhua published the resolution on 1 November, following the fifth plenary session of the 20th Central Committee.
“We will also resolutely combat corruption committed via the internet, virtual currency, cross-border capital, and blockchain,” the resolution states in its official English translation.
The measures target concealed bribes, proxy-held assets and intermediaries disguising corrupt payments through legitimate transactions.
The resolution also calls for digital supervision systems, cross-border investigations and efforts to recover assets held overseas.
It further calls for stronger Communist Party oversight across platform…







