Reg roundup: China to ban cryptocurrency mining

China to shaft its crypto mines; India payment body eyes blockchain tech; ADB-SMBC tie-up to bolster trade finance in developing countries; Fintechs, corporates to form global blockchain collective
Reg roundup: China to ban cryptocurrency mining

China’s National Development Reform Commission, the country’s economic planner, on April 8 listed crypto-mining among a slew of industries it intends to eliminate because they “seriously wasted resources” or polluted the environment.

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