China Might Ban Bitcoin Mining
China’s state planner, the National Development and Reform Commission, is seeking public opinions whether Bitcoin mining should be immediately banned, Reuters reported, citing the Commission.
Bitcoin mining has been included in a draft list of industrial activities the agency is seeking to stop, as they did not adhere to relevant laws and regulations, were unsafe, wasted resources or polluted the environment, the report said. The public can comment on the draft until May 7.
(to be updated)