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Feb 24, 06:20 AM
China Targets Metaverse, Blockchain in Cybercrime Crackdown
China
Crypto
World

China Targets Metaverse, Blockchain in Cybercrime Crackdown

Authors
  • CGTN
  • Cointelegraph
  • Wu Blockchain
5

The Supreme Procuratorate of China has highlighted the emergence of new types of cybercrime facilitated by the metaverse and blockchain technologies. It was noted that cryptocurrency has become a significant field of cybercrime, with cryptocurrency money laundering being identified as a mainstream method for criminals to transfer illicit funds. In response, China's Supreme People's Procuratorate has promised stringent punishment for individuals utilizing these technologies for criminal activities. This announcement is part of a broader crackdown on cybercriminals by Chinese procuratorates, aiming to intensify efforts against crimes associated with the Metaverse and blockchain.

Written with ChatGPT (GPT-4).

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