This weekly roundup of news from mainland China, Taiwan, and Hong Kong attempts to collect the industry’s biggest news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.
Two months have passed since the crackdown on cryptocurrencies and subsequent enforcement began. Most of the new stories now are just the trickle of previous national policies that were being applied at the provincial level. The last example was that of the Anhui provincial government, since announced a set of measures to reduce energy consumption, with cryptocurrency mining among the culprits. Anhui is a small province east of Shanghai, better known for its picturesque rural landscape and agriculture than for its contributions to China’s economic development. Other provinces, particularly those that rely on coal for power, are likely to have similar announcements during the summer as the central government pushes for a carbon-free future.
Are we going for gold?
Lower volumes in years
Working together for compliance?
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