Mongolia Becomes First Chinese Province to Issue Enforcement Against Bitcoin Mining


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Bitcoin Ethereum News The Inner Mongolian province of China has become the first in the country to introduce enforcement measures against heavy Bitcoin mining in the region after the central government called for a crackdown on Bitcoin mining in the country last week. While the Chinese government’s crackdown on crypto trading and mining is nothing new, the industry insiders indicated that the measures could go beyond verbal warning this time owing to Beijing’s commitment to carbon neutrality. The provisions in the new regulations ask data centers and mining farms to completely shut off any form of mining operations, failing which...