RegulationChina’s 2021 crypto notice banned the business, not the mathsExchanges, brokers, token sales and derivatives serving mainland residents are out. Holding a key is not the same as running a venue. May’s mining crackdown was a different instrument.EasyCryptoGuides · 24 Sept 2021, 10:00 UTC · 1 min read
RegulationChina told miners to leave. Hashrate moved. The protocol did not.Vice-Premier Liu He’s committee named mining in a risk list. Provinces that hosted the world’s hash began to shut barns. Bitcoin kept producing blocks at whatever hash remained.EasyCryptoGuides · 21 May 2021, 14:00 UTC · 1 min read
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