Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
British Columbia, Canada, plans to permanently ban new cryptocurrency mining projects

British Columbia, Canada, plans to permanently ban new cryptocurrency mining projects

CointimeCointime2025/10/21 03:48
By:Cointime

 the province of British Columbia, Canada, has announced plans to permanently ban new cryptocurrency mining projects from accessing the province's power supplier BC Hydro. The province stated that this is aimed at allocating enough power to industries such as mining, natural gas, and liquefied natural gas (LNG) that can create job opportunities. This measure is intended to address unprecedented power demands and ensure that the economic interests of the province and Canada are reflected in the growing distribution of clean power supply. The province submitted an energy regulation amendment to the regional legislature on Monday to ensure that power is provided to industries that create jobs and generate public revenue. Starting in 2022, the province has suspended new cryptocurrency mining projects, and this policy adjustment will make this suspension permanent. In addition, starting in the fall of 2025, the province also plans to restrict power distribution to data centers and artificial intelligence. (Theblock)

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Institutional Partnerships Strengthen Chainlink’s Position as a Connector Between Conventional Finance and Blockchain

- Chainlink's LINK token surged over 10% due to whale accumulation and strategic partnerships with Swift, DTCC, and the U.S. Department of Commerce. - A $62B total value secured (TVS) market share and ICE's data integration partnership highlight Chainlink's dominance in bridging traditional finance and blockchain. - Regulatory clarity from the Genius Act and Chainlink's Automated Compliance Engine position it as critical infrastructure for cross-chain transactions. - Technical indicators show bullish momen

Bitget-RWA2025/10/21 20:30
Institutional Partnerships Strengthen Chainlink’s Position as a Connector Between Conventional Finance and Blockchain