China officially categorizes crypto mining under eliminated industries


Source: tronweekly.com tronweekly.com

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The great China crypto crackdown continues and this time the mining sector is in trouble. The Chinese government has been overtly scrutinizing the crypto-verse. An array of platforms have been forced to move out of the country. While several have been speculating that this was the demise of the crypto scene in China, the government of the region went on to provide assurance for the same. China’s National Development and Reform Commission in its latest list of eliminated industries went on to add Bitcoin mining. Ever since the country started out this crackdown, it was seen targeting one aspect at...