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Chinese Communist Party Ousts Top Official For Allowing Cryptocurrency Mining

China’s Communist Party has ousted one of its top officials for reportedly turning a blind eye to cryptocurrency mining activities. China Sends Yet Another Stern Message That Crypto Mining Is Illegal Per the announcement, Xiao Yi was also the vice-chairman of the Jiangxi Provincial CPP Consultative Conference, besides being a party member of the Communist […] дальше »

2021-11-17 22:39


Chinese Politician Expelled Following Promotion of Crypto Mining

Xiao Yi, an official of the Chinese Political Party, has been called out for alleged abuse of power. Xiao Yi, a former vice-chairman of Jiangxi provincial committee of Chinese People’s Political Consultative Conference has allegedly abused his power to lend credence to cryptocurrency mining activities, against the government ban on all mining activity. дальше »

2021-11-13 17:17


ЦБ Китая: «Гражданам страны не запрещается владеть биткойном»

Член совета Ассоциации исследования права Народного банка Китая Са Сяо (Sa Xiao) заявил, что гражданам не запрещается владеть биткойнами и обмениваться ими между собой. «В Китае можно законно владеть биткойнами и периодически обменивать их между частными лицами», — подчеркнул Сяо. дальше »

2019-5-22 17:00


China Unbans Bitcoin? ‘Occasional’ P2P Exchange is Legal, Says Lawyer

“Sporadic” P2P Bitcoin trading is likely legal in China, a senior lawyer told the national press in unusually optimistic comments this week. Keep Bitcoin Exchange ‘Occasional’ in China Speaking to BJ News, Sa Xiao, Council Member at the Bank of China Law Research Association, argued that China’s current regulation of virtual property includes the right to trade it as the owner sees fit. дальше »

2019-5-22 12:00