China News Service, November 16th, National Development and Reform Commission spokesperson Meng Wei pointed out on the 16th that comprehensive rectification will be carried out with the focus on industrial centralized "mining", state-owned units involving "mining" and Bitcoin "mining".

For units that implement residential electricity prices, if they find that they are involved in virtual currency "mining" activities, they will study the imposing punitive electricity prices on them, forming a high-pressure situation that continues to rectify virtual currency "mining" activities.

  The National Development and Reform Commission held a regular press conference on the 16th.

At the meeting, a reporter asked: When the National Development and Reform Commission publicly solicited opinions on the "Market Access Negative List (2021 Edition)", the virtual currency "mining" activities were included in the elimination category.

Recently, another video conference on the governance of virtual currency "mining" was organized.

What considerations does the National Development and Reform Commission have regarding the deployment of virtual currency "mining" governance?

What specific measures will be taken in the next step?

  Meng Wei pointed out that virtual currency is a specific virtual commodity that is not issued by the monetary authority, is not legally compensatory and compulsory, is not a real currency, and should not and cannot be used as currency in the market.

In September of this year, the People’s Bank of China, in conjunction with relevant departments, issued the “Notice on Further Preventing and Disposing of the Risks of Hype in Virtual Currency Transactions”, clarifying that virtual currency does not have the legal status equivalent to legal tender, and its related business activities are illegal financial activities. Participate in virtual currency There are legal risks in investment transaction activities.

  Meng Wei emphasized that because virtual currency-related business activities are illegal financial activities, virtual currency "mining" behavior is extremely harmful.

Virtual currency "mining" consumes a lot of energy and carbon emissions, and does not have a positive driving effect on industrial development and technological progress. In addition, the risks derived from the production and transaction of virtual currency have become more prominent. Its blind and disorderly development has a high impact on promoting the economy and society. Quality development and energy conservation and emission reduction have brought serious adverse effects.

Remediation of virtual currency "mining" activities is of great significance to promote the optimization of my country's industrial structure, promote energy conservation and emission reduction, and achieve the goal of carbon peak and carbon neutrality on schedule.

  Meng Wei said that in order to resolutely implement the relevant deployment requirements for the rectification of virtual currency "mining", the National Development and Reform Commission, the Central Propaganda Department, the Central Cyberspace Administration of China, the Ministry of Industry and Information Technology and other relevant departments have jointly issued the "Notice on Virtual Currency "Mining" Activities", clearly adding virtual currency "mining" activities to the "Industrial Structure Adjustment Guidance Catalog (2019)" "elimination category" catalog, requiring effective measures to comprehensively rectify virtual currencies "Mining" activities.

  On November 10, the National Development and Reform Commission organized a video conference on the governance of virtual currency "mining" to report the monitoring and rectification of virtual currency "mining", and deployed the next stage of work, requiring all provinces, regions and municipalities to take responsibility for territoriality. , Establish a system, pay attention to monitoring, clean up and rectify the virtual currency "mining" activities in the region, and strictly investigate and punish the "mining" activities involved in the computer rooms of state-owned units.

  Meng Wei said that the next step will be to carry out comprehensive rectification focusing on industrial centralized "mining", state-owned units involving "mining" and Bitcoin "mining".

For units that implement residential electricity prices, if they find that they are involved in virtual currency "mining" activities, they will study the imposing punitive electricity prices on them, forming a high-pressure situation that continues to rectify virtual currency "mining" activities.

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