TechFlow news, the Qinghai Provincial Department of Industry and Information Technology issued a "Notice on Fully Shutting Down Virtual Currency 'Mining' Projects," announcing cleanup and rectification actions against virtual currency mining activities, including the following key points:
1. All regions are strictly prohibited from approving or authorizing any new virtual currency "mining" projects, and all existing virtual currency "mining" projects must be fully shut down.
2. Firmly investigate and correct projects that have been approved under the guise of big data or supercomputing centers but are actually engaged in virtual currency "mining."
3. Inspections and spot checks will be conducted later to verify the effectiveness of the rectification.
