Tag: chinese crypto ban

Dec 15 2021

This Bitcoin Mining Dispute Confirms that Chinese Law Does Not Protect Any Crypto Activity

The latest update in the long-standing Chinese crypto ban saw the first ever case of Bitcoin mining contract where the verdict "invalidated" the claim and denied the plaintiff's appeal for the refund of their...

Oct 11 2021

Oct 09 2021

China Adds Crypto Mining Under “Negative List,” Here What it Means

Oct 09 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

China's strict stance on cryptocurrencies continued to play out after the recent crackdown guidelines by the Central Bank. Recent reports suggest that China is now planning to add crypto mining to the "Negative List" of industries that would prohibit investors from making investments in the industry. The negative list industries are prohibited or restricted from The post China Adds Crypto Mining Under "Negative...

Sep 24 2021

China Central Bank Issues Detailed Crypto Crackdown Guidelines, Crypto Market Turns Red

Sep 24 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

People's Bank of China (PBoC) issued a fresh set of detailed crypto crackdown guidelines today even when many were assured that we are past China crypto ban FUD. The new set of guidelines seems to be quite comprehensive and prohibits every aspect associated with cryptocurrencies. The Chinese central bank deemed crypto illegal and claimed it The post China Central Bank Issues Detailed Crypto...

Jul 27 2021

Jul 14 2021

Anhui Joins Growing List of Chinese Provinces to Ban Bitcoin Mining

The Eastern Chinese province of Anhui has become the latest region in the country to impose a complete ban on Bitcoin mining activities owing to power shortage. The officials said it would help them in easing up acute power shortage issues for the next three years. The number of Bitcoin and crypto mining farms in The post Anhui Joins Growing List of Chinese...

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