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Bitcoin (BTC) Is listed in the Negative List of China

October 11, 2021
Source: thecurrencyanalytics.com thecurrencyanalytics.com
News Snapshot:
Cryptocurrency News Cryptocurrency News – REAL News ® – TCAT China reinforced its position on cryptocurrencies. While crypto mining has been declared illegal in the country, some of them have chosen to operate it illegally. China has included crypto-mining in the ‘negative list’ of industries. The “negative list” details sectors and industries that are off-limits to both Chinese and foreign investors. This crackdown has prompted cryptocurrency exchanges to cut ties with Chinese users. The negative listing means that investors will not be able to invest in the crypto mining sector. China’s state planner, the National Development and Reform Commission (NDRC),...
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China Tech Buzz Topics: ban | bitcoin | blockchain | boycott | BTC | China | Chinese | commission | computer | crackdown | crypto | cryptocurrency | currency | development | energy | environment | fintech | government | hardware | illegal | investment | IT | Ministry of Commerce | national security | State Council

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