Cointelegraph: China’s supreme court and public prosecutor have revised their interpretation of the country’s AML laws to recognise “virtual asset” transactions for the first time

The country adopted its existing AML law on Jan. 1, 2007, making the latest revision its first significant update in almost two decades. In an Aug. 19 conference, the Supreme People’s Court and the Supreme People’s Procuratorate said under their new interpretation of the law, “virtual asset” transactions are now listed as one of the recognized money laundering methods….