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China intensifies crackdown on cybercrimes involving blockchain and metaverse

China intensifies crackdown on cybercrimes involving blockchain and metaverse


Cryptopolitan
2024-02-25 22:38:02

Amidst a surge in online fraud and cybercrimes, China’s Supreme People’s Procuratorate (SPP) has escalated its efforts to combat criminal activities facilitated through blockchain technology and metaverse platforms. The move comes as authorities express growing concern over the proliferation of illicit activities within the digital asset landscape, including money laundering and investment scams. Rising cybercrime


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