China’s National Development and Reform Commission (NDRC) is reportedly making moves indicating that it has plans in motion to put an end to all forms of crypto mining in the country.

NDRC Seeks Public Opinion on Guiding Catalogue For the Adjustment of Industrial Structure”

According to a recent report, China’s
National Development and Reform Commission (NDRC) made an announcement yesterday that it was “seeking public opinions on a revised list of industries it wants to encourage, restrict or eliminate”; this is a list which has been in place since 2005. The list is also known as the “Guiding Catalogue for the Adjustment of Industrial Structure”

The is said to be “a document supplementary” to the “Interim Regulation on Promoting the Adjustment of Industrial Structure”.

According to the report, when this list was first issued, it covered more than 21 industries. These industries include the “agriculture, water conservancy, coal, power, transportation, information industry, iron and steel, nonferrous…

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Source: https://thebitcoinnews.com/china-set-to-totally-ban-all-forms-of-crypto-mining/