China plans to put an end to cryptocurrency mining in the country, Reuters reported Tuesday citing a "draft list of industrial activities" China's state planning agency looks to put a stop on.
The decision doesn't appear to be final — the National Development and Reform Commission (NDRC) is seeking public opinions on a revised list of industries that will either be encouraged, restricted or eliminated. Bitcoin now falls in that last category.
According to Reuters, the NDRC didn't give a date or any details on how, exactly, Bitcoin mining should be eliminated — but that would mean that Bitcoin mining is to cease immediately. Read more...
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