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China continues with its mallet and puts the stamp of obsolete to bitcoin mining

News Snapshot:

Key facts: Since May 2021, China has started a manhunt against bitcoin mining. Some studies have determined that banking pollutes more than bitcoin. China continues to move forward in its desire to ban more and more bitcoin in its country. On this occasion, it has made it official to fix the “obsolete” label on cryptocurrency mining. The application of the label was made official by the National Development and Reform Commission, this January 11, making the amendment on the status published in 2019 that set policies for environmental improvements and the use of clean energy. The application of the “obsolete”…

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