PANews reported on November 29 that according to Jinshi, the newly revised "Anti-Money Laundering Law of the People's Republic of China" will come into effect on January 1, 2025. Ying Yong, Secretary of the Party Group and Chief Prosecutor of the Supreme People's Procuratorate, emphasized that it is necessary to coordinate and strengthen the fight against money laundering crimes, accurately grasp the provisions of the revised Anti-Money Laundering Law on improving the scope of upstream crimes of money laundering, implement the provisions of the Anti-Money Laundering Law and the Criminal Law on "money laundering crimes" in an integrated manner, accurately apply the "Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Application of Laws in Handling Criminal Cases of Money Laundering", deepen the three-year action to combat money laundering crimes, punish money laundering and related crimes in accordance with the law, enhance the ability to combat money laundering crimes using new technologies, new products, new businesses, etc. such as virtual currencies, and form a joint force to combat.