CPC Central Committee: Resolutely Crack Down on Corruption Using Virtual Currencies

TechFlow reported on November 1 that, according to a decision of the CPC Central Committee released under authorization by Xinhua News Agency, in response to new and hidden forms of corruption, it is necessary to resolutely crack down on corrupt acts carried out using the internet, virtual currencies, cross-border funds, blockchain, and other means.

The decision was adopted on October 29 by the Fifth Plenary Session of the 20th CPC Central Committee, and proposed to deeply investigate and scrutinize new and hidden forms of corruption, including anticipated gains, agreed nominee holding, "white gloves", and the government-business "revolving door".

Source: TechFlow