Today news
About the same in other media
Top Chinese Official Booted out For ‘Supporting Crypto Mining Activities’
Reading now: 610
A top Chinese regional official has been expelled from the Chinese Communist Party – and may face heavy punishment for allegedly “supporting” crypto mining in exchange for bribes and sex.
Per NBD and the China Daily, charges against the official, Xiao Yi, were leveled by the supervisory committee of the Central Commission for Discipline Inspection (CCDI) – the highest internal control body in the Chinese Communist Party (CCP).
Xiao Yi had been serving as the vice-chairman of the Jiangxi Provincial Committee of the Chinese People’s Political Consultative Conference, a key political advisory body to the central government.
Following September’s crackdown on crypto mining, the focus from enforcers has mainly been on shutting down miners who are
Read more on cryptonews.comAbout this in other media
Clarks looking for reboot under new Chinese leadership theguardian.com /2 years ago
Chinese Central Gov’t Wants to Create ‘Digital Asset Exchanges’ as CBDC Nears cryptonews.com /2 years ago
Shares of Chinese real estate developer Kaisa pop 20% after debt restructuring plan cnbc.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
