I am very sad by this news
SHANGHAI:HONGKONG
china's state planner wants to eliminate bitcoin mining In The country according to a draft list of industrial activities
The agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector. China is the world's largest market for computer hardware
designed to mine bitcoin and other crypto currency even though such activities previously fell under a regulatory grey area. It did not stipulate a date or plan for how to eliminate bitcoin mining,meaning that such activities should be phased out immediately.
Please present your views
Here valuable forum members
The government sometimes sees Bitcoin or cryptocurrency as very sensitive, with a different view in it. This makes crypto often interrupted. I think the government is doing this so that blockchain or markets work together with the government, both in the tax sector, profit sharing, and so on.