Chinese Province Proposes Social Credit Blacklisting of Bitcoin Miners: Report

[Apower$]

Inner Mongolia issued a new ruling on crypto mining that, if violated, would see Bitcoin miners "blacklisted" by the Chinese credit system.This means that illegal Bitcoin miners within the province, if caught, would face limited access to financial products, blocks to foreign travel, and more, according to sources. The blacklisting is just one of several curbs the provincial government put forth in the proposal. Other punishments include a business suspension for dealing in virtual currencies or if caught supplying energy to a crypto business, criminal charges. source