Beijing targets crypto mining in revamped energy conservation | • CRYPTO NEWS • #BTC • #ETH •
Beijing targets crypto mining in revamped energy conservation plan
Beijing released an updated implementation plan for strengthening energy conservation, explicitly stating measures that will crack down on cryptocurrency mining activities. The Beijing Municipal Development and Reform Commission, along with 11 other departments, issued a detailed notice underscoring their commitment to a dual control system of energy consumption and carbon emissions.
