Bitcoin Pulls Back as China Announces Crypto Mining Clamp Down


Source: bitcoinethereumnews.com bitcoinethereumnews.com

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Bitcoin Ethereum News China is now extending its anti-crypto stance to the mining industry as one of the Chinese government officials called for a crackdown on cryptocurrency mining. In a Financial Stability Committee of the State Council meeting held on Friday, China’s Vice Premier, Liu He, specifically mentioned that the country will clamp down the crypto mining and trading activities. Looking Forward to Meeting You at iFX EXPO Dubai May 2021 – Making It Happen! “We should be more alert and look for potential risks,” Liu said, according to the meeting records. “We should crackdown on bitcoin mining and trading...