TechFlow, according to the website of the Central Commission for Discipline Inspection and National Supervisory Commission, stated that virtual currency "mining" activities run counter to China's goals of carbon peak and carbon neutrality as well as high-quality development, and are incompatible with the full, accurate, and comprehensive implementation of the new development philosophy. Authorities must closely monitor conduct issues, accountability gaps, and corruption problems behind virtual currency "mining," and mete out strict punishment in accordance with regulations, discipline, and law. Efforts should focus on supervising the "three news and one high" (new development stage, new development philosophy, new development pattern, and high-quality development) and "dual carbon" goals to strengthen oversight and promote a coordinated, end-to-end campaign against virtual currency "mining." Disciplinary inspection and supervision agencies must resolutely investigate and correct behaviors that compromise, circumvent, or selectively implement the new development philosophy, providing strong disciplinary support for industrial structure optimization, energy conservation and emissions reduction, and achieving the "dual carbon" goals.
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