Is China’s Bitcoin Mining Ban a Benefit in Disguise?

Is China’s Bitcoin Mining Ban a Benefit in Disguise?
In this photo illustration, a visual representation of Bitcoin cryptocurrency is pictured in London on May 30, 2021. Edward Smith/Getty Images
Fan Yu
Updated:
Commentary

Beijing’s broadening ban on cryptocurrency mining has—for now—crippled the industry and sent bitcoin prices tumbling.

Fan Yu
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
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