Cryptocurrency Q&A
When will China ban mining?
When will China ban mining?
KimchiQueenCharmingKiss
Tue Dec 17 2024
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6 answers
1141
I'm wondering about the potential timeline for China to implement a ban on mining activities, considering their recent policies and environmental concerns.
6 answers
CryptoLodestar
Thu Dec 19 2024
In September 2021, a significant regulatory move was made in my country.
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Eleonora
Thu Dec 19 2024
The National Development and Reform Commission, along with other departments, issued a notice titled "Notice on the Rectification of Virtual Currency 'Mining' Activities."
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CryptoAlly
Thu Dec 19 2024
This notice imposed a strict ban on the development of virtual currency "mining" activities, regardless of the name given to such operations.
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CryptoChieftain
Thu Dec 19 2024
Investments in and the construction of new mining projects were also prohibited under the new regulations.
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DaeguDivaDance
Wed Dec 18 2024
Furthermore, the notice emphasized the need to accelerate the orderly withdrawal of existing mining projects.
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