Latest Breaking News On - Clearing association of china - Page 10 : comparemela.com

by Tyler Durden Last week, when cryptos again plunged on the well-timed recurring news report that China was again banning crypto - something China has been doing with zero success since 2014 but has taken on new urgency now that its Digital Yuan has emerged as a total flop - this time in the format of cracking down in Proof-of-Work (such as Bitcoin and Ethereum 1.0) crypto miners, we said that this could be the best thing to happen for crypto: after all, the China was and is the bitcoin bears biggest friend: as long as bitcoin is mostly mined in China, where coal power plants account for most of electrical generation, bitcoin will remain dirty and give the ESG fanatics ammo to criticize bitcoin.

Jeff currieMichael saylorWu blockchain wublockchainQilai shenDan guidoMicrostrategy michael saylorClearing association of chinaNational developmentReform commissionNational internet finance association of chinaChina banking associationDigital yuanSuppose aliceBitcoin mineFinancial stability development committeeState council