Supreme People's Procuratorate: Lawfully crack down on criminal activities that illegally transfer assets abroad using virtual currency

ChainCatcher news, at the national procurators' meeting held on January 13, it was emphasized that procuratorial organs will strengthen the crackdown on money laundering crimes and legally combat the illegal transfer of assets abroad using virtual currencies.

The meeting stressed the need for a strict crackdown on financial crimes. It will severely punish illegal fundraising, loan fraud, financial falsification, market manipulation, and other financial crimes, maintaining a high-pressure stance against public financial crimes, and striving to solidify the bottom line of financial security and stability. The role of the procuratorial office stationed at the China Securities Regulatory Commission will be leveraged to improve the case referral mechanism for securities crime cases, promoting the stable and healthy development of the capital market. There will be coordinated efforts to prevent and resolve financial risks. Actively promote the establishment of a mechanism for the connection between administrative law enforcement and criminal justice in the financial sector, strengthening the synergy of risk prevention, regulation, and development. (Interface)