Latest News and Articles about China Bitcoin Ban

China Slaps $14.5M Fine on Xinjiang Firm for Powering Bitcoin Mining Operations

27 March 2026 Daily Feed Bitcoin Hashrate, China Bitcoin Ban, Digital Yuan, Xinjiang Mining

China Hammers Xinjiang Polysilicon Firm with $14.5M Fine for Powering Bitcoin Mining China has dropped another bombshell in its unrelenting war on cryptocurrency mining. A major polysilicon producer in Xinjiang has been slapped with a hefty 100 million yuan fine—equivalent to about $14.5 million—for illegally supplying electricity to Bitcoin mining operations, in direct violation of […]

US Treasury Considers Strategic Bitcoin Reserve for Economic Edge Over China

24 December 2024 Daily Feed Bitcoin Policy Institute, China Bitcoin Ban, Strategic Bitcoin Reserve, US Economic Policy

Matthew Pines of the Bitcoin Policy Institute proposes a bold strategy for enhancing US economic policy against China: establishing a Strategic Bitcoin Reserve (SBR). A report presented to the US Treasury argues that Bitcoin, with its decentralized nature and scarcity, could diversify national assets, support fiscal sustainability, and maintain a geopolitical edge. This comes in […]