🇨🇳 CHINA'S COMMUNIST PARTY ORDERS CRACKDOWN ON CORRUPTION USING CRYPTO AND BLOCKCHAIN China's ruling Communist Party has called for a crackdown on corruption carried out through virtual currencies, blockchain, the internet and cross-border funds, according to a decision released Sunday by state news agency Xinhua. The document, adopted Oct. 29 at the party's Fifth Plenary Session, also targets officials who hide wealth through proxy shareholders, middlemen and the "revolving door" between government and business. It targets party officials, not traders, as Beijing already officially banned crypto trading and mining in 2021.