NDRC

The official site of China's National Development and Reform Commission, a State Council economic-planning agency; hosts the September 2021 notice ordering a nationwide crypto-mining shutdown.

1 entries

Event September 3, 2021 Added July 28, 2026 Updated September 13, 2026 Article

China bans new bitcoin mining, then outlaws all crypto business

Bitcoin Institute ↔ People's Bank of China

In September 2021, China's NDRC banned new bitcoin mining and its central bank outlawed all virtual-currency business, three years after seizing 194,775 BTC from the PlusToken Ponzi scheme.