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The Ministry of Public Security's draft on Internet Crime Prevention and Control Law includes illegal virtual currency transactions.
GateNewsBot
ChainCatcher Message: The Ministry of Public Security announced that it has drafted the “Cybercrime Prevention and Control Law (Draft for Comments)” and is now publicly soliciting opinions from society. The contents include: No individual or organization shall knowingly hide, transfer, purchase, sell on behalf of others, or conceal and hide funds, data, virtual network assets, etc., obtained from illegal online activities by others. No individual or organization shall knowingly use funds obtained from illegal activities by others to provide capital flow services for others through virtual currencies or other virtual network assets.
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.
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