Fresh news from the crypto world! 🌐
- **BTC Control Debate**: CryptoQuant founder Ki Young Ju claimed that China controls 55% of the Bitcoin hashrate. However, this ignores that Chinese mining pools include miners from all over the world, including the US.
- **Mining in the US**: In August 2024, US MARA and Foundry pools mined 33.6% of blocks. The geographic distribution of hashrate remains complex and opaque.
- **Crypto Policy in China**: Rumors indicate that China may lift its ban on cryptocurrencies. Additionally, a new anti-money laundering framework is being reviewed and will come into effect in 2025.
What do you think about these changes? Leave us your comments! 💬