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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...
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