#China Bitcoin Ban

March 27, 2026

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

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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 […]

#Digital Yuan #Bitcoin Hashrate #China Bitcoin Ban #Xinjiang Mining

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December 24, 2024

US Treasury Considers Strategic Bitcoin Reserve for Economic Edge Over China

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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 […]

#Strategic Bitcoin Reserve #Bitcoin Policy Institute #China Bitcoin Ban #US Economic Policy

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