China gives digital currencies a reprieve
SFGate -

HONG KONG - Blockchain is back in Beijing's good graces.

Chinese officials have quietly removed the business of making Bitcoin and other cryptocurrencies from a list of hundreds of industries that Beijing plans to outlaw. In April, the practice appeared on a list of industries that would be denied benefits and subsidies from local governments, leading to worries in China that a popular and lucrative business would dry up.

But making digital currency - a practice known as mining - was not on...

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