The head brokerage firms also acted to regulate the virtual currency "mining"! Red-headed documents on mining explicitly prohibited, mining is facing strong global regulation

Since the Development and Reform Commission and other departments issued a document in September 2021 to regulate virtual currency "mining" activities, various regions and departments have strengthened the supervision of the whole industry chain of "mining" activities. The NDRC once again stressed in a press conference on November 16, 2021 that it would strictly investigate the "mining" activities of state-owned units.

The National Development and Reform Commission spokesman Meng Wei said, will focus on industrial-style centralized "mining", state-owned units involved in "mining" and bitcoin "mining" to carry out comprehensive regulation.

As a specific virtual commodity, virtual currency is not issued by the monetary authorities, not real money, virtual currency-related business activities are illegal financial activities.