$3.6 Million Fine From China To Giant Bitcoin Mining Company

Bitmain, which develops special equipment for Bitcoin miners, has been fined by the Beijing Tax Office for unpaid income taxes.

According to a recent report by a local agency, the Chinese mining company Bitmain is using the personal data of its employees. failure to pay income taxes due to by Beijing Tax Office 3.6 million dollar money to punishment sentenced.

In the notification sent to Bitmain, the institution Tax Collection and Administration of the People’s Republic of China law of its employees under salaries, bonuses and allowances It was emphasized that there were violations in the revenues obtained, such as

Bitmain, founded by the famous Chinese billionaire Jihan Wu, China’s 2021 It stopped its operations in the country with the cryptocurrency ban in 2016. China has since Bitcoin miners And big traders gradually accelerated tax audits on

On the other hand, recently, the Chinese Government’s political your attitude thought to be loosened.

Soon, semi-public institution nature of Chinese Cryptocurrency activities of companies in Hong Kong technical And material in a sense, and that companies operating in China have various options for cryptocurrencies. integrations development of the countryindirect” your support evidence quality.

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