China’s Crackdown on Crypto Mining from a Climate Perspective: Unified Efforts from Administrative Authorities and the Judiciary

Kwan Yiu Cheng
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Abstract

This article presents an examination of the unified efforts by China’s central authorities and the judiciary in the crackdown on crypto mining within the country. It discusses the environmental ramifications of crypto mining and traces its development in China, highlighting the resource-intensive nature of the process. Crypto mining risks China’s national objectives of promoting high-quality economic and social development, as well as industrial optimisation, energy conservation and emissions reduction. The central government’s commitment to climate goals and ecological civilisation, coupled with the perceived minimal economic benefits and substantial environmental damage caused by crypto mining, led to the issuance of the Notice on Rectifying Mining Activities of Virtual Currencies in September 2021. This article discusses the implications of the Notice and how it has been implemented at both national and local levels by the administrative authorities. With reference to typical cases, it examines how the judiciary in delivering judgments has kept in line with the spirit of the Notice by analysing mining-related civil disputes as they arise in courts and reflects on the interplay of legal and administrative measures in shaping a sustainable and environmentally conscious approach to emerging technologies in China and beyond.
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从气候角度看中国打击加密货币采矿:行政机关和司法机关的共同努力
本文探讨了中国中央政府和司法部门在打击国内加密货币挖矿方面的统一行动。文章讨论了加密货币挖矿对环境造成的影响,并追溯了其在中国的发展历程,强调了这一过程的资源密集性质。加密货币挖矿危及中国促进经济和社会高质量发展以及产业优化、节能减排的国家目标。中央政府致力于实现气候目标和生态文明建设,加上人们认为加密货币挖矿带来的经济效益微乎其微,而对环境造成的破坏却很大,因此于 2021 年 9 月发布了《关于整顿虚拟货币矿业活动的通知》。本文讨论了《通知》的影响,以及行政机关如何在国家和地方层面执行《通知》。文章结合典型案例,通过分析法院审理的与采矿有关的民事纠纷,探讨司法机关在作出判决时如何与《通知》精神保持一致,并反思法律和行政措施在中国和其他国家塑造可持续和具有环保意识的新兴技术方面的相互作用。
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