Communist Party of China expelled official for violating crypto mining ban

Texas could raise funds through NFT and harness 'abundant' energy to mine Bitcoin

By Hannah perez An investigation by Chinese watchdogs determined that Xiao Yi, a senior official from Jiangxi province, had supported cryptocurrency mining companies. *** The Chinese government removed a senior provincial official from office and expelled from the Chinese Communist Party for allegedly abusing his power to support cryptocurrency mining and violating state bans. An …

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