Local Chinese government seeks to 'ban' crypto mining activities, sources say it doesn't mean much
From theblockcrypto.com
Local government authorities in China’s Sichuan province have issued a notice, seeking to “ban” crypto mining activities in the region. The notice, issued by the financial administrator of Sichuan to its subordinate offices, reads that “hydroelectric power generation enterprises in our county shall immediately stop the investment of virtual currency ‘mining’ activities and shall not add new virtual currency ‘mining’ projects.” “Otherwise, our bureau will recommend the county people's government to investigate and deal with illegal construction projects, take bans, fines, order self-demolition and other administrative ...
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