China Targets Crypto Mining at State-Owned Enterprises, Threatens Punitive Measures

China Targets Crypto Mining at State-Owned Enterprises, Threatens Punitive MeasuresAuthorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top economic planning body has clearly indicated it intends to go after large-scale cryptocurrency mining taking place at government-operated industrial facilities. State Firms Mining Crypto in China to Face Higher Electricity Bills China’s National Development and […]

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33,000 Companies in China Claim to Use Blockchain Technology

33,000 Companies in China Claim to Use Blockchain TechnologyChina now has more than 33,000 registered companies claiming to use blockchain technology in their businesses, according to the country’s Center for Information and Industry Development. The information was released at a recent blockchain conference hosted by a Chinese municipal government and several state-backed research institutes. Also read: Regs Roundup – China Blockchain ETF, New […]

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