China considers proclaiming crypto mining as a ‘negative industry’


Source: bitcoinwarrior.net bitcoinwarrior.net

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China has been trying to eliminate cryptocurrencies from its country for years now, and in 2021, it finally came to cracking down on crypto miners. Throughout the year, one province after another started making mining impossible, forcing those engaging in this aspect of the crypto industry to close down shop and move — either to a different province or out of the country, altogether. Now, it is preparing to strike another blow at the crypto mining sector by adding it to a draft list of industries that are considered ‘negative’ within the country. This is a list of industries in...