Chinese financial regulators reaffirm strict stance against cryptocurrency activities, emphasizing their illegal status and potential financial risks. On November 28, 2025, the People’s Bank of China convened a coordination meeting involving multiple government agencies, including the Ministry of Public Security, Cyberspace Administration, and financial regulatory bodies. The meeting addressed the recent resurgence of virtual currency […]
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Why China’s Bitcoin mining activity is surging after a 4-year crackdown
From dominance to ban: The 2021 crackdown Before 2021, China controlled a large share of global Bitcoin (BTC) mining. Data...
