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Why China Should Lift the Bitcoin Ban? #blockchain #bitcoin #crypto #chinaThe China crypto mining ban may see up to 90% of all mining in the country go offline, according to an estimate, paralysing an industry that 25 Jun, The People's Bank of China, which announced the digital-asset ban in September when it said all crypto-related transactions are illegal. Ban be darned: From June to July , the Chinese mainland recorded US$ billion in total transactions, more than South Korea or Japan.
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