10-09-2021, 06:08 PM
- China added crypto mining to a draft list of industries in which investment is restricted or prohibited, although it reduced the number of sectors on the list.
- The “negative list” details sectors and industries that are off-limits to both Chinese and foreign investors.
![[Image: 106957228-1633755515333-gettyimages-1312...=740&h=416]](https://image.cnbcfm.com/api/v1/image/106957228-1633755515333-gettyimages-1312493974-_48p7891_2021041460349748.jpeg?v=1633755601&w=740&h=416)
China has added cryptocurrency mining to a draft list of industries in which investment is restricted or prohibited, although it reduced the number of sectors on the list overall, a document released by the state planner showed on Friday.
The “negative list” details sectors and industries that are off-limits to both Chinese and foreign investors.
Regulators in China banned cryptocurrency trading and mining this year, with the country’s central bank vowing to purge “illegal” cryptocurrency activities last month.
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