News Snapshot:
Business Chinese Bitcoin Miners Look Abroad Amid Government Crackdown Several Bitcoin mining operators have reportedly halted activities in China following the increased pressure on the cryptocurrency industry. Bitcoin in China. Image: Shutterstock In brief BTC.Top is the first major Bitcoin mining operator to stop operations in China citing regulatory risks. Other mining operators, such as Huobi Pool and HashCow, are taking measures as well, including halting cryptocurrency trading services. Intensified pressure on the cryptocurrency industry in China has seen several crypto companies halting all or part of their operations within the country, with some already looking overseas. BTC.Top, the tenth-largest...
