Sichuan Butuo County issues a notice banning all virtual currency "mining" activities

Deep Tide TechFlow News, February 4, The Budo County in Sichuan issued a notice on February 4, 2026, banning all virtual currency “mining” activities, including Bitcoin and Ethereum. The notice states that such activities are considered outdated production processes eliminated by the state, and related operations are illegal financial activities. Participants will face risks such as loan cuts, power outages, and internet disconnections, and will bear legal responsibilities. Town and township governments, as well as communications, electricity, and other departments, will strengthen inspections and supervision to crack down on illegal “mining” activities.

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