Corrupt Officials in China Prefer Cryptocurrencies

Authorities in China have called for a crackdown on the use of cryptocurrency by corrupt officials.

It was revealed recently at the event held last week. methods of corruption It came up. Here cryptocurrencies and digital gift cards focused on.

According to Zhao Xuejun of Hebei University, some corrupt officials used the hard disk etc. cryptocurrencies using items offline He hides it in this way and thus evades investigations.

According to local sources, cryptocurrencies and gift cards, bribe It also opened new channels for

The Chinese government has banned all currency on the grounds that it does not have the same status as fiat money. cryptocurrency transactions He banned it in 2021.

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