CPC Central Committee

7 hours agoNews Editor

CPC decision calls for crackdown on corruption involving virtual currencies and blockchain

According to Xinhua News Agency, a decision issued by the Communist Party of China Central Committee on major issues related to advancing full and rigorous Party self-governance on a sustained basis said authorities should unswervingly push forward the integrated effort to ensure officials do not dare to be corrupt, are unable to be corrupt, and have no desire to be corrupt. The document also said there should be a firm crackdown on corrupt activities carried out through the internet, virtual currencies, cross-border funds, and blockchain. The statement was cited in a ChainCatcher newsflash.

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virtual currency

8 hours agoNews Editor

Chinese Communist Party calls for tougher action on corruption involving virtual currencies

China’s central leadership has called for stronger action against corruption involving virtual currencies, cross-border funds, and collusion between political and business interests, according to a Techub News item citing Bloomberg. The decision was passed on Oct. 29 and was released under authorization from Xinhua on Nov. 1. The brief did not provide additional details on enforcement steps or specific cases, but it identified virtual-currency-related corruption and cross-border capital activity as part of the conduct targeted in the decision. The update was published by Techub News as a short news item and attributed to Bloomberg.

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Hong Kong Asset Management

4 months agoNews Editor 01

Hong Kong HED Conference Highlights RWA, Quant 2.0, and Cross-Border Asset Management

The 4th HED Conference of Asia in Hong Kong brought together asset managers, private banks, and family offices to discuss RWA tokenization, AI-driven quant investing, offshore fund structures, and wealth management transformation.

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Bit.Fan