China’s Supreme People’s Procuratorate has published a set of recommendations that would reshape how the country investigates and prosecutes cryptocurrency-related money laundering, including a proposal to treat the use of mixers and privacy coins as evidence of criminal intent. The article, released in the official Procuratorial Daily, was written by two prosecutors from Hunan Province’s Yuhu District and an associate law professor at Xiangtan University. The authors argue that the decentralized, pseudonymous, and cross-border design of virtual currencies has outpaced China’s legal framework and created a three-part ... (full story)