China’s Proposed Mining Ban Can Be Harmful to Bitmain

Reuters noted that the draft list was available for public perusal although the NDRC has not yet set a date for the elimination of cryptomining actions. The draft list indicates a representation of the Chinese nation’s views on particular policies and actions, and a statement about the official site of the NDRC claims that members of the public now have to provide their own comments.
The government was making massive movements to stem the increase of crypto-based companies in the country for a little while. The People’s Bank of China decided the decision to place a ban back and, because then, crypto firms have needed to walk regulatory eggshells.