China to Intensify Crackdown On Crypto Mining Operations


Source: coinjournal.net coinjournal.net

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0 0 0 0 Huobi and BTC.TOP have said they will suspend services in reaction to the crackdown, even as Bitcoin remains lodged below $40k. Bitcoin miners have been impacted by renewed efforts by the Chinese government to crack down on cryptocurrency mining businesses in the country. Sponsored Links According to Reuters , crypto miners Huobi, HashCow and BTC.TOP have all announced measures in reaction to Beijing’s move. Plans for an onslaught on Bitcoin mining and trading in the country surfaced in an announcement made by a State Council committee. The cabinet resolution, under the leadership of China’s Vice Premier...