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2019-09-15 03:45:35

Chinese authority skeptic of Mongolian crypto-mining

The organizations that have been working with the Mongolian crypto-mining projects aren’t shown any mercy and will be scrutinized under the same principals. This notice on Sep, 14 stated that a total of five departments have decided to amend the mining industry of their province. These were: The Development and Reform Commission The Big Data Bureau The Office of the Ministry of Industry The Public Security Department The Financial Office Regulators have a firm stance against cryptocurrency mining, considering it pseudo-financial. It is believed by them that it has no relation with the real economy what-so-ever. What will become of