China Says It Will Crack Down on Bitcoin Mining, Trading Activities


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FILE PHOTO: Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of China's flag in this illustration picture, April 9, 2019. REUTERS/Dado Ruvic/Illustration Reuters HONG KONG (Reuters) - China will crack down on bitcoin mining and trading activities in its bid to fend off financial risks, the Financial Stability and Development Committee said on Friday. The country will fiercely crack down on illegal activities in the securities market, and maintain the stability of stock, bond and forex markets, the committee said in a meeting chaired by Vice Premier Liu He. China's...