June 21, 2021

Bitcoin Dives As China Bans Cryptocurrency Mining In Key Province

Source:

Key Topics in this News Article:

Alibaba Beijing Bitcoin Blockchain Boycott China Chinese crypto Currency education Finance Fintech Inner Mongolia Mongolia News Media Online Shopping Qinghai Sichuan Social Media Technology Tencent University Xinjiang

News Snapshot:

Bitcoin Dives As China Bans Cryptocurrency Mining In Key Province Bitcoin Dives As China Bans Cryptocurrency Mining In Key Province Chinese mines power nearly 80 percent of the global trade in cryptocurrencies despite a domestic trading ban since 2017. 19 pm IST Bitcoin tumbled by more than 10% on Monday (File) Beijing: Bitcoin tumbled more than 10 per cent Monday after China broadened a crackdown on its massive cryptocurrency mining industry with a ban on mines in a key southwestern province. Chinese mines power nearly 80 percent of the global trade in cryptocurrencies despite a domestic trading ban since 2017,…

View Original News Source →

Name
This field is for validation purposes and should be left unchanged.
Newsletter to Your Inbox
China intelligence delivered each week!
Your Email
Your Name
First Last
This field is hidden when viewing the form
Your Location
Consent
I agree to the privacy policy.

Bitcoin Dives As China Bans Cryptocurrency Mining In Key Province

Newsletter to Your Inbox

China intelligence delivered each week!

Bitcoin Mining Difficulty Projected To Rise in December After Brief Drop

China’s Bitcoin Mining Resurgence Signals Crypto Policy Flexibility

Huge subsidy scheme in China’s most populous province falls flat with consumers

Sino-U.S. Competition Extends to the Cryptocurrency Realm

Japan auto sector confidence dives, manufacturers’ index logs first fall in four months: Reuters poll

Cango Inc. Announces August 2025 Bitcoin Production and Mining Operations Update