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Analysts say that the regulatory shortages prompted the government to ban crypto mining on May China en masse for alternativeaccording to a study the community.
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Why China Is Running To Bitcoin!Latest news, analysis and opinion on cryptocurrency Bitcoin, including Blockchain technology and possible competitors such as Facebook's planned digital. The mines are a way for Chinese investors to generate cryptocurrency, primarily Bitcoin, which they can cash in for U.S. dollars on exchanges. Cryptocurrency trading is subject to strict government-imposed restrictions in China since September , when trading platforms were shut down.
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