The province's educational department, public
security department, local financial regulatory bureau, and communications
administration will also participate in the crackdown, the commission's
statement said.
"Cryptocurrency mining consumes an
enormous amount of energy, which is against China's 'carbon neutral'
goal," the statement said, adding that it also carries huge financial
risks.
In May, China's State Council, or cabinet,
vowed to crack down on Bitcoin mining and trading, escalating a campaign
against cryptocurrencies days after three industry bodies banned crypto-related
financial and payment services. Bitcoin price in India stood at Rs. 36.19 lakhs
as of 5:30pm IST on September 14.
The commission said that before September 30,
those departments should check the information systems they are using, to avoid
the use of any computing power to engage in the illegal mining of virtual
currencies.
It added that they should step up the
collection of information from whistleblowers and the general public. From
October it will regularly monitor the sector and punish those who flout the
rules. - Reuters
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