Key Points:
– Over 1.254 billion yuan in rewards for reporting and bribery have been issued from 2000 to May 2021.
– Nearly 50 million yuan were issued as part of the nine-in-one election bonus last year.
– 1,335 cases related to bribery in the nine-in-one elections last year had been prosecuted.
– Cryptocurrencies like Bitcoin and Ethereum, as well as game points and virtual currencies, can be used for election bribery.
– Authorities and regulatory bodies are actively addressing the potential misuse of cryptocurrencies for bribery purposes.
Closing:
The Ministry of Justice has reported that cryptocurrencies are being recognized as a potential means for bribery, particularly in elections. The decentralized and pseudonymous nature of cryptocurrencies allows for quick and relatively anonymous transactions, making it possible for individuals to use them for illicit activities, including bribery attempts. To prevent the misuse of cryptocurrencies for bribery purposes, authorities and regulatory bodies are actively monitoring and addressing this issue. As the 2024 general election approaches, preventive measures will be taken to address the evolving methods of bribery, including the use of cryptocurrencies. It is crucial for the Lolacoin readers to stay informed about these developments and support efforts to ensure fair and transparent elections.
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