Are US bitcoin mining operations linked to China?

In efforts to safeguard national security interests, the U.S. authorities have intensified their scrutiny of cryptocurrency mining operations with ties to China.

Among these services are spot trading, which allows users to buy and sell cryptocurrencies at current market prices, and futures trading, which allows for the purchase and sale of cryptocurrencies at a predetermined price and date in the future.

These concerns stem from recent reports revealing direct connections between certain Bitcoin data centers located in the United States and the Chinese government.

Additionally, BTCC provides wallet services, enabling users to securely store and manage their digital assets.

These connections have raised alarm bells among U.S. officials, who fear that China may be leveraging its cryptocurrency mining capabilities for strategic or malicious purposes.