🔈🔈 China Expands Anti-Corruption Crackdown to Crypto and Blockchain 💥 The Chinese Communist Party (CCP) is calling for tougher action against corruption involving cryptocurrencies, blockchain technology, the internet, and cross-border capital flows. 💥 A resolution approved on October 29 and published on November 1, 2026, highlights growing concerns over increasingly sophisticated methods of concealing assets and transferring illicit benefits. 🔍 Key Highlights: ✔️ Strengthening investigations into corruption involving cryptocurrencies and blockchain. ✔️ Targeting nominee asset ownership, intermediaries, and promises of future benefits used to conceal illicit interests. ✔️ Developing digital disciplinary monitoring platforms and big-data surveillance systems. ✔️ Tightening scrutiny of illicit connections between government officials and businesses. 💡 What's Worth Noting? This is not a new crypto ban. The resolution does not specifically mention Bitcoin or introduce new regulations on cryptocurrency trading or mining. While continuing to tighten controls over crypto-related activities, Beijing is still promoting blockchain as a strategic technology infrastructure, with a target of substantially completing its national blockchain network by 2030. The move highlights China's dual approach: maintaining strict control over digital assets while continuing to invest in the potential of blockchain technology.