China Accelerates Search for Disguised Crypto Miners. According to the Chinese government the whole movement is an effort for carbon-neutral emissions.
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Crypto china. China accounts for up to 70 of the worlds crypto supply and with 700000 graphics cards around 25 that shipped globally in the first quarter ending up. China has reportedly doubled down on its crypto crackdown with a public reminder stating that Bitcoin and other digital currencies are not legal tender and. This past week China pushed the crackdown on crypto miners into the Hebei province.
In this latest move the government partnered with whistleblowers and citizens for inside information. Theyre part of the broader turn inward. Chinas Continued Crackdown.
China Cant Lead on Crypto With Isolationism Dont think of Beijings policies toward virtual currencies as a global pacesetter.
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