Deputy Governor of the People’s Bank of China: Strengthen efforts to combat money laundering involving virtual currencies; over 2,000 money laundering cases were adjudicated last year.
Source：
mp.weixin.qq.com
According to an article published on the official WeChat account of the People’s Bank of China, Xuan Changneng, Deputy Governor of the People’s Bank of China, stated that China’s anti-money laundering (AML) work has entered a new phase of high-quality development, with notable achievements in combating money laundering and related criminal activities. In 2025, more than 2,000 cases nationwide were adjudicated under Article 191 of the Criminal Law—the money laundering offense. Since 2022, efforts have been intensified to combat professional money laundering, virtual currency–based money laundering, and cross-border money laundering, thereby enhancing the quality and efficiency of investigation, prosecution, and adjudication of money laundering crimes.
