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An influential Chinese official has supported the development of the Bitcoin mining industry in Sichuan

The Chinese province of Sichuan, which produces 70% of all bitcoins in the world, has all the opportunities for an even wider attraction of miners. This was reported by CoinDesk with reference to a statement by the former vice president of the China Securities Regulatory Commission, Yang Jiang. In his opinion, the excess of hydropower in Sichuan historically allows the region to effectively develop the mining business. “The main application of the blockchain in […]

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The Chinese province of Sichuan, which produces 70% of all bitcoins in the world, has all the opportunities for an even wider attraction of miners. This was reported by CoinDesk with reference to a statement by the former vice president of the China Securities Regulatory Commission, Yang Jiang.

In his opinion, the excess of hydropower in Sichuan historically allows the region to effectively develop the mining business.

“The main use of blockchain in the financial sector is digital currency, a key example of which is bitcoin, ” said Yang Jiang.

It is noteworthy that Jiang is a member of the People’s Political Consultative Council of China, whose representatives work directly with the country's central legislative bodies.

The southern province of Sichuan has gained popularity among miners due to the fact that in the rainy season, the cost of electricity in it decreases four times. Since the end of October, miners have been forced to transport capacity to the northern regions, however, it was previously reported that the local government is developing a plan to oust industry from the country.

At the end of September, Chinese miners held a conference in Sichuan, which was almost immediately dubbed the "single point of failure."

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Celsius Acusado de Ofrecer Valores No Registrados

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Celsius Acusado de Ofrecer Valores No Registrados

El Departamento de Protección e Innovación Financiera de California (DFPI) ha emitido una orden de desistimiento y abstención contra Celsius. Como tal, el prestamista de criptomonedas en quiebra no podrá continuar con la venta y comercialización de valores en el estado de California.

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Gate Technology Ltd. Amplía sus Servicios a Malta

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Gate Technology Ltd. Amplía sus Servicios a Malta

Gate.io Group informó que su filial con sede en Malta, Gate Technology Ltd., ha adquirido una licencia en Malta para ser un proveedor de servicios de activos financieros virtuales (VFA). Ahora puede establecer un Exchange de VFA y proporcionar servicios de custodia en o desde Malta bajo el nombre de Gate Malta. Desde entonces, el Grupo también ha comenzado a ampliar su equipo para adaptarse mejor al mercado local.

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Australia Considera que las Criptomonedas son un «Fuerte Caso a Regular»

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Australia Considera que las Criptomonedas son un "Fuerte Caso a Regular"

En la segunda mitad de 2021, se descubrió que un porcentaje considerable de inversores australianos poseía criptomonedas. Sorprendentemente, en lugar de consultar con asesores financieros profesionales, muchos inversores minoristas aprendieron a invertir a través de vídeos de YouTube. El jueves, el organismo de control consideró el escenario un argumento convincente para la supervisión.

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