Bitcoin Blockchain China Climate Change crypto Currency ESG Finance Fintech Inner Mongolia Mongolia pollution Qinghai State Council Xinjiang
A Cryptocurrency ICYMI – Another province in China orders shutdown of Bitcoin mining Wed 9 Jun 2021 20:32:38 GMT Author: share China’s Qinghai province has banned virtual currency mining operations,following on the news that Xinjiang and Inner Mongolia have tightened regulations also. Authorities cited concerns on high energy-consumption, environmental pollution, and also a central government (State Council) directive to maintain financial stability. This is a negative input for BTC (and crypto more generally) but there was some good news for it also:
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