Gate News reports that on March 10th, Procurator-General Yin Yong of the Supreme People's Procuratorate delivered a work report to the Fourth Session of the 14th National People's Congress. The report states that by 2025, prosecutorial agencies will intensify efforts against money laundering, prosecuting 3,259 individuals for crimes involving virtual currencies, underground banks, and other methods. Additionally, efforts will be made to lawfully punish telecommunications and online fraud crimes, with 69,000 people prosecuted.

Gate News Announcement, March 10th, Prosecutor General Yin Yong of the Supreme People's Procuratorate delivered the work report of the Supreme People's Procuratorate to the Fourth Session of the 14th National People's Congress. The report states that by 2025, efforts to combat money laundering will be intensified, with 3,259 people prosecuted for crimes involving virtual currencies, underground banks, and other methods of money laundering. Additionally, law enforcement will crack down on telecom and online fraud crimes, with 69,000 people prosecuted.

Pi Network community sparks renewed discussion. Long-term participants and Global Consensus Value (GCV) advocates Doris Yin stated that accepting Pi within the GCV framework is not emotional support but a calculated business strategy. Since 2023, she has been advocating for a "hybrid payment model," where merchants accept half Pi and half fiat currency, to maintain cash flow while participating in the early development of the network ecosystem. Yin believes that value does not come from immediate cashing out but from circulation. She emphasizes that enabling Pi to be continuously used in real-world scenarios is the key to driving the growth of its economic system. Unlike viewing it as a speculative asset, she prefers to see Pi as a decentralized trading network, where its intrinsic value will change as the number of users and merchants increases.