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Crypto Ban: China to Investigate Government Executive's Illegitimate Crypto Mining

source-logo  coingape.com 14 October 2021 13:53, UTC

The Central Bank of China earlier this month issued a new set of crypto crackdown guidelines which is being seen as the most comprehensive one to date. The draft law deemed all crypto-related transactions illegal, ordered authorities to crackdown and remove small and medium mining operations being carried on in homes and rural provinces, and even banned any foreign crypto platform from offering their services in mainland China. Now, the authorities have turned to track IP addresses to catch illegal mining operations.

coingape.com