From Cointelegraph

September 14, 2024 5:45 PM:

In the first half of 2024, the Chinese government has prosecuted 1,391 individuals on money laundering-related charges.

The crackdown on money laundering in China has led to legal action against a significant number of individuals, signaling a concerted effort by the government to combat financial crimes.

This development underscores the Chinese government’s commitment to tackling money laundering and maintaining the integrity of the country’s financial system.

Read more at CoinTelegraph: Chinese gov’t mulls anti-money laundering law to ‘monitor’ new fintech