China Increases War on Crypto Mining out of Fear for Winter Power Shortages

Recent reports show that China is increasing its crackdown on crypto mining activities. The main reason behind the crackdown was China's 5-year plan to be carbon neutral. Yet, other reports state that power shortages in the upcoming winter could be the reason behind the crackdown. Furthermore, China could be looking to strengthen its digital yuan.  China Intensifies War on Crypto Miners Recently, there have been reports that China is increasing its crack illegal crypto mining. The China crypto crackdown has…

Communist Party in China Has Added Cryptocurrency to Curriculum

A higher academic institution training Communist Party officials (Central Party School) in China has released a new book regarding cryptocurrency. On May 19, reports by a local blockchain news agency noted that the Party School of the Central Committee of the Communist Party of China published the book and it is one of the books in the book series on disruptive technologies. The focus of the book series is on the provision of a learning source for party officials and the general public…