Confusion Grows Surrounding Official Chinese Position Regarding Bitcoin Mining (news.bitcoin.com)

In recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing mining operations in China, whilst Chinese media reports denied such – however, it has since emerged that the local government of Xinjiang province has mandated an “orderly exit” of its bitcoin mining industry. Despite widespread speculation that the

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Chinese Bitcoin Miners Explore Relocating Abroad Amid Fears of Crackdown (news.bitcoin.com)

An increasing number of Chinese miners are reportedly exploring other jurisdictions in which to operate amid growing uncertainty regarding the future of China’s mining industry. Although the Chinese government has not indicated that it will extend its cryptocurrency crackdown to target miners, many are making plans to base their operations elsewhere.
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Major Chinese Exchanges Launch P2P Trading Platforms (news.bitcoin.com)

China’s major exchanges have found a legitimate means through which to continue operations despite the Chinese government crackdown on cryptocurrency exchanges.
Also Read: Satoshi Nakamoto’s Brilliant White Paper Turns 9-Years Old
Okcoin and Huobi Ceased Operations on October 31st, as Mandated by the Chinese Central Government…

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