Guiyang City opened a reporting channel for rectification of virtual currency “mining”

On November 17th, the Guiyang Development and Reform Commission’s website issued an announcement on the 17th. On September 3, 2021, the National Development and Reform Commission and 11 national ministries and commissions issued the “Notice on Regulating Virtual Currency “Mining” Activities” (issued The operation was changed to [2021] No. 1283), and then the National and Provincial Development and Reform Commissions successively held video and telephone conferences to further arrange and deploy the rectification of virtual currency “mining”. In order to implement the relevant national documents and the spirit of the conference, and effectively treat the rectification of virtual currency “mining” activities as an important task to promote high-quality economic and social development, Guiyang City will maintain the rectification of virtual currency “mining” high pressure situation and open rectification reports channel. The scope is as follows: 1. Disguised as a virtual currency “mining” company that enjoys preferential policies on taxation, land, and electricity prices in a data center; 2. Other types of hidden forms of “mining” companies and Internet cafes; 3. For virtual currency Enterprises and individuals that provide services such as site leasing by “mining” enterprises; 4. Enterprises that obtain electricity supply through illegal means and engage in virtual currency “mining” activities. (Official website of Guiyang Development and Reform Commission)

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