According to Chain News on the 21st, China’s Deputy Prime Minister Liu Hee presided over the 51st meeting of the Financial Stability Development Committee under the State Council to firmly demand strengthening supervision of the financial activities of platform companies and crackdown on bitcoin mining and transactions. It is said to prevent spreading.
Original text: http://www.gov.cn/xinwen/2021-05/21/content_5610192.htm
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Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.