China targets crypto-linked corruption in anti-graft push
Key points
- China's Communist Party has directed investigators to target corruption involving cryptocurrencies, blockchain and cross-border funds.
- The resolution was adopted on 29 October and published by Xinhua on 1 November 2026.
- The directive expands anti-corruption oversight but does not announce a new cryptocurrency trading ban.
China's Communist Party has targeted crypto-linked corruption in a resolution adopted on 29 October.
Xinhua published the resolution on 1 November, following the fifth plenary session of the 20th Central Committee.
“We will also resolutely combat corruption committed via the internet, virtual currency, cross-border capital, and blockchain,” the resolution states in its official English translation.
The measures target concealed bribes, proxy-held assets and intermediaries disguising corrupt payments through legitimate transactions.
The resolution also calls for digital supervision systems, cross-border investigations and efforts to recover assets held overseas.
It further calls for stronger Communist Party oversight across platform companies and innovative high-technology firms.
The directive addresses corruption investigations rather than introducing new cryptocurrency trading restrictions or market-wide prohibitions.
The move places cryptocurrency-related transactions more firmly within China's anti-corruption enforcement framework.
Frequently asked questions
More from Crypto
Curve Finance launches on Stellar beyond EVM networks
Crypto exchanges tighten security after Binance heist
Chainalysis discloses cybersecurity incident affecting customer data
Hackers hijack 12 DeFi websites, steal $202,000
US brothers sentenced to 366 months over crypto robbery
Binance schedules phased withdrawals after security breach
