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When miners move there they will be using these green energy sources that will mean a lower carbon footprint. Keep Bitcoin Exchange Occasional in China Speaking to BJ News Sa Xiao Council Member at the Bank of China Law Research Association argued that Chinas current regulation of virtual property includes the right to trade it as the owner sees fit. Chinese Digital Yuan Competition Banned Digital Competition Movie Posters More and more businesses and countries are accepting it with some even seeing it as an inevitable way forward. Is btc legal in china . This is why almost 23 of all Bitcoin mining is occurring in China. A court in Chinas Shandong province said cryptocurrency is not protected by law in a ruling that could set a precedent now that investment and trading in bitcoin is outlawed. Following several years of going back and forth on the subject regulators within Chinas borders have finally decided that bitcoin mining should be allowed to continue. The main issue ...