Wednesday 6 November 2019
It’s been seven months since China decided it wanted to take steps to curtail Bitcoin mining in the country, but now it’s changed its mind. Earlier today, the National Development and Reform Commission (NDRC), a state economic planning agency, published its finalized recommendations for national industry restructuring — and Bitcoin mining wasn’t mentioned. CoinDesk reports that the final version of the recommendations, due to take effect from January 1, 2020, has removed Bitcoin or other virtual currency mining activities from the list of industries that should be restricted or eliminated from the country. The change of heart has reportedly come…
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