Supreme Court: The next step will focus on cracking down on crimes related to the use of virtual currencies, underground banks, and "money laundering" activities.

PANews February 26 News, Wang Bin, Head of the Criminal Third Division of the Supreme People’s Court, stated at the press conference on “The People’s Court’s Lawful Punishment of Telecom and Online Fraud and Property Crimes” held by the Supreme Court on February 26 that moving forward, the focus of the courts will be on targeting criminal group leaders, core members, the “moneybags” behind telecom fraud, organizers of cross-border smuggling “snakeheads,” organizations providing armed protection for cross-border telecom fraud crimes, as well as violent crimes such as intentional homicide, intentional injury, kidnapping during telecom fraud cases, and related crimes involving virtual currencies and underground banks for “money laundering.”

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Paraguay Strenghtens Mandatory Reporting Requirements for VASPs and Individuals

Individuals transacting cryptocurrency on offshore platforms or independently must now report their movements when the amount of crypto transacted surpasses $5,000 per year. Users must now deliver sensitive data, including the purpose of each transaction, hashes, and destination addresses.

Coinpedia1h ago

Swissborg Secures MiCA License From France’s AMF, Expanding Regulated Crypto Services Across EU

Europe’s Markets in Crypto-Assets regulation is rapidly reshaping the region’s crypto industry, with Swissborg obtaining regulatory approval in France that allows the platform to expand digital asset services across the European Union. Swissborg Secures MiCA Approval From French AMF, Expanding

Coinpedia2h ago

BPI thúc đẩy miễn thuế cho giao dịch Bitcoin nhỏ nhằm thúc đẩy ứng dụng tiền điện tử

The Bitcoin Policy Institute (BPI) advocates for a de minimis tax exemption for small Bitcoin transactions to ease tax reporting burdens and encourage cryptocurrency use. They are collaborating with stakeholders to build support for the bill during a crucial legislative period. The proposed exemption aims to simplify tax regulations and promote Bitcoin for daily payments, potentially impacting the cryptocurrency market significantly.

TapChiBitcoin4h ago

加密行业已投入2.71亿美元影响2026年美国中期选举

加密行业游说组织已投入约2.71亿美元影响2026年美国中期选举,伊利诺伊州参议院初选引发关注,副州长候选人Stratton遭加密PAC攻击广告。加密行业正逐渐成为重要政治力量。

GateNews5h ago

Argentine Securities Regulator Blocks Peso Stablecoin Operations

The institution reported that argt, a peso-linked stablecoin, constitutes a security, subject to the regulatory regime for capital markets for these instruments. The stablecoin, issued by Twin Finance and listed by Belo, offered up to 32% APR. Regulator Classifies Argentine Peso Stablecoin as a

Coinpedia14h ago
Comment
0/400
No comments