Chinese residents test their luck at a casino in Cambodia before the coronavirus, as gambling is illegal in mainland China. Photo: Ruom Chinese residents test their luck at a casino in Cambodia before the coronavirus, as gambling is illegal in mainland China. Photo: Ruom
Chinese residents test their luck at a casino in Cambodia before the coronavirus, as gambling is illegal in mainland China. Photo: Ruom

Cryptocurrency helps ship 1 trillion yuan out of China to casinos, gambling every year

  • Cryptocurrencies are used to surreptitiously collect and transfer funds, making it difficult to trace the source
  • Authorities point to loopholes and gaps in the supervision of payment services providers, third-party institutions and e-commerce platforms

Topic |   China economy
Chinese residents test their luck at a casino in Cambodia before the coronavirus, as gambling is illegal in mainland China. Photo: Ruom Chinese residents test their luck at a casino in Cambodia before the coronavirus, as gambling is illegal in mainland China. Photo: Ruom
Chinese residents test their luck at a casino in Cambodia before the coronavirus, as gambling is illegal in mainland China. Photo: Ruom
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