Press "Enter" to skip to content

China’s crackdown on cryptocurrency mining activities widens

China’s crackdown on cryptocurrency widens as northwestern Qinghai province and the Xinjiang region begin to clean up mining activities while search engine Baidu and social network Weibo block search results for major cryptocurrency exchanges.

The provincial industry and information technology authorities in Qinghai said in a note on Wednesday that it will shut down all cryptocurrency mines on Wednesday and banned companies from providing related projects with land and power.

Notably, the notice was . . .

To continue reading, please subscribe and you will get:


  • ORIGINAL & DATA-DRIVEN STORIES - We focus on the most important business events and the key trends in China's economy and markets, with details that you don't see elsewhere.
  • THE WIRE - An all-in-one channel with real-time updates of market-moving news and views sourced via a network of journalists, traders, brokers, analysts, etc. and from multiple reliable news outlets in mainland China. Here are some screenshots of our wire service.
  • DATA  - We provide data, in particular high frequency data from government agencies, various research institutes and industry bodies to help you get timely and detailed understanding of what is going on in China's economy.
  • WEEKLY NEWSLETTER - A summary of the week's top news distilled into one email.


Don't Miss Our Summer Special Offer! 

FREE TRIAL cancel anytime

Already have an account? Sign In