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Why Does China Keep Banning Bitcoin?The country is now pushing their own digital yuan currency, and trying to make it more widely available to consumers. Clarification, January. China's bitcoin mining ban devastated bitcoin. It's been two years now - and Bitcoin and the hash power built on securing it is stronger. Crypto is illegal in China as of September Crypto is still in its infancy as far as currencies go, so it's difficult to say what will happen in the future.