News Snapshot:
China vows to crack down on bitcoin mining, trading activities (Adds details) HONG KONG, May 21 (Reuters) - China will crack down on bitcoin mining and trading activities as part of efforts to fend off financial risks, the State Council's Financial Stability and Development Committee said on Friday. The country will also clamp 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. The statement, which comes just days moves bitcoin, and it is the first time the state council...
