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HUGE: China's Communist Party officially vows a tougher crackdown on corruption using crypto and blockchain. In a Central Committee decision adopted on October 29 and released…

Coin Bureau
Published: 2026-11-01 11:57 UTC
Collected: 2026-11-01 12:28 UTC
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🇨🇳 HUGE: China's Communist Party officially vows a tougher crackdown on corruption using crypto and blockchain. In a Central Committee decision adopted on October 29 and released today, the party pledged to combat graft carried out through virtual currencies, blockchain and cross border funds. China banned crypto trading in 2021. Previously, a former head of its central bank's digital currency institute, Yao Qian, took 2,000 ETH in bribes, worth over 60 MILLION yuan at its peak, per Chinese state media.

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