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China proposes adding cryptocurrency mining to ‘negative list’ of industries

October 10, 2021
Source: the-latest.news the-latest.news
News Snapshot:
Economy 12 hours ago (Oct 08, 2021 11: 20PM ET) People rest at a park near Beijing’s central business area, China August 29, 2017. Picture taken August 29, 2017. REUTERS/Jason Lee BEIJING (Reuters) -China has added cryptocurrency mining to a draft list of industries in which investment is restricted or prohibited, although it reduced the number of sectors on the list overall, a document released by the state planner showed on Friday. The “negative list” details sectors and industries that are off-limits to both Chinese and foreign investors. Regulators in China banned cryptocurrency trading and mining this year, with the...
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