The Digital Source For China's Tech Innovation Since 2000

Search
Close

The final nail: China added cryptocurrency mining to the list of industries to liquidate

October 23, 2021
Source: aroged.com aroged.com
News Snapshot:
On Thursday, China’s National Development and Reform Commission (NDRC) published draft resolution on the inclusion of cryptocurrency mining and processing of other digital tokens in the list of industries subject to liquidation. Within a month, the NDRC will wait for public responses to this initiative, after which the changes will either be canceled or they will take the force of the law for implementation. It looks like mining in China is everything. The PRC authorities have been consistently moving towards this decision throughout the year. Earlier, the People’s Bank of China banned any cryptocurrency transactions. But the thirst for easy...
Go To Original Source →
Tags: agriculture | bank | Bank of China | bitcoin | blockchain | China | Chinese | commission | crime | crypto | cryptocurrency | currency | development | digital | Economy | energy | fintech | government | illegal | index | investment | Kazakhstan | Russia | tourism | United States

Other Related News:

EV sales now expected to account for 55% of total global vehicle sales by 2030

March 27, 2023

‘A change is coming’-Xi’s parting message to Putin means anything but peace in Ukraine

March 27, 2023

China pushes domestic firms to expand in global supply chain integration

March 27, 2023

China says U.S. presumption of guilt against TikTok is baseless

March 27, 2023

China's Baidu scraps public launch for ChatGPT-like product

March 27, 2023

China’s Baidu scraps showcase of ChatGPT rival, shares sink

March 27, 2023

Security concerns and creeping influence: the west is worried about TikTok, should Ireland be?

March 27, 2023

Alibaba founder Jack Ma returns to China for school visit

March 27, 2023

OneWeb offering can match mobile service rates in western nations, not India tariff: Sunil Bharti Mittal

March 27, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter