Supreme Inspection: Enhancing the ability to crack down on money laundering crimes using new technologies and products such as virtual currencies

The newly revised "Anti-Money Laundering Law of the People's Republic of China" will come into force on January 1, 2025. Ying Yong, Secretary of the Supreme People's Procuratorate Party Group and Prosecutor General, stressed that it is necessary to coordinate and strengthen the fight against money laundering crimes, accurately grasp the provisions of the revised Anti-Money Laundering Law on improving the scope of predicate crimes of money laundering, implement the Anti-Money Laundering Law and the Criminal Law "Money Laundering Crimes" and other provisions, accurately apply the "Two Highs" "Interpretation on Several Issues Concerning the Application of Law in Handling Criminal Cases of Money Laundering", deepen the three-year action to combat money laundering crimes, punish money laundering and related crimes in accordance with the law, and enhance the ability to crack down on the use of new technologies, new products, and new