News Snapshot:
Huobi has become one of the first Chinese-founded cryptocurrency exchanges to halt its domestic bitcoin mining operationChina’s State Council announced last Friday a further crackdown on bitcoin mining and tradingCryptocurrency exchange Huobi has suspended bitcoin mining services and sales of mining equipment in mainland China, becoming one of the first Chinese-founded platforms to do so, as the price of bitcoin continues to fall after the central government announced a crackdown.
