China proposes adding cryptocurrency mining to ‘negative list’ of industries


Source: causeaction.com causeaction.com

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https://www.oann.com/china-proposes-cutting-items-on-negative-list-for-market-access/?utm_source=rss&utm_medium=rss&utm_campaign=china-proposes-cutting-items-on-negative-list-for-market-access FILE PHOTO: People rest at a park near Beijing’s central business area, China August 29, 2017. Picture taken August 29, 2017. REUTERS/Jason Lee October 8, 2021 BEIJING (Reuters) -China has added cryptocurrency mining to a draft list of industries in which investment is restricted or prohibited, although it reduced the number of sectors on the list overall, a document released by the state planner showed on Friday. The so-called ‘negative list’ details sectors and industries that are off-limits to both Chinese and foreign investors. Regulators in China banned cryptocurrency trading and mining this year, with the country’s central bank...