China is moving towards discouraging cryptocurrency mining in the region. In an all-new draft proposal, the latest industry under the scanner is cryptocurrency mining. According to the proposal by the National Development and Reform Commission [NDRC], crypto-mining is flagged as an “undesirable industry”. The proposal urged the State to get rid of the “wasteful” sector. According […]The post Chinese draft proposal seeks to eliminate crypto-mining activity, terms it ‘undesirable and wasteful’ appeared first on AMBCrypto.