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Hamas tunnels and server farm discovered under main UNRWA HQ in GazaBitcoin is a decentralized digital currency, which means it operates without a central authority or governing body. Here's a breakdown of who. The People's Bank of China argues that its ban on cryptocurrencies is to curtail financial crime and prevent economic instability. How China Controls Bitcoin. China has two advantages as far as bitcoin is concerned. First, it is home to a majority of mining operations for bitcoin. This confers it the power to control the supply of coins in the market and to raise transaction fees based on mining difficulty.
