Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities

Beijing's Government Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining ActivitiesAuthorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed it. Authorities Sent an ‘Emergency Note’ to Three Biggest Telecom Operators As first reported […]

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China Passes Law Protecting Cryptocurrency Inheritance

China Passes Law Protecting Cryptocurrency InheritanceChina has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum are properties protected by law. Inherited Cryptocurrencies Protected by Law The third session of […]

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