Lawyer's point of view: In the long run, the impact of the NDRC's “dividing virtual currency mining activities as a phase-out industry” cannot be determined.

According to the South China Morning Post, a few days ago, the National Development and Reform Commission issued the "Industrial Structure Adjustment Guidance Catalogue (2019, Draft for Soliciting Opinions)", and listed the "virtual currency 'mining" activity (the production process of virtual currency such as bitcoin) as eliminated. Industry. Chen Yunfeng, director of the Internet Finance Professional Committee, said: "From a policy perspective, this decision of the NDRC will have a negative impact on virtual currency mining in the short term, but in the long run, will this decision have a decisive guiding effect on the industry? It is not known, and further observation is required."