News Snapshot:
Mix Prices of Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies nosedived after China’s Financial Stability and Development Committee (FSDC) decided to maintain its stance on Bitcoin mining in the country during its 51st meeting, with a plan to crack down on crypto mining and trading. According to the report, the Chinese financial regulatory body will also focus on reducing credit risks, reforming medium-sized financial institutions, and punish illegal financial activities severely. Read Also: Iranian Government Licensed Bitcoin Mining Farm to Set Up In Iran Thomas Heller, Co-Founder and CBO of Compass Mining, who broke the news on Twitter claimed that...
