Yao Qian, former director of the Department of Science and Technology Supervision of CSRC, expelled from the Communist Party and removed from his position for violations related to virtual currencies 🚫

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Yao Qian, former director of the Department of Science and Technology Supervision of the China Securities Regulatory Commission, has been expelled from the Communist Party and removed from his position for violations related to virtual currencies. He used his position for personal gain, including illegal money and gifts. His actions violated the principles of the Party and other regulations. The case has been handed over to the prosecution for further investigation.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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