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Tag Archives: crackdown

China’s Crackdown on Crypto Mining Resurfaces  

Sep 15, 2021

Olusegun Ogundeji

A statement by the cyberspace commission in China’s northern Hebei province has brought the Asian country back into the crypto mining circle after its involvement has been assumed to have ended following the crackdown on miners in May/June. The commission says it wants to crack down on cr...

China Doubles Down on Cryptos’ “No Real Value” Position

Aug 30, 2021

Olusegun Ogundeji

China is set to establish a normal working mechanism to maintain a high-pressure situation in its continued effort to combat cryptocurrency-related transactions, local media has reported. The People’s Bank of China (PBoC) Deputy Director of the Financial Consumer Rights Protection ...