News Snapshot:
SHANGHAI: Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on bitcoin mining and trading, sending the digital currency tumbling. A State Council committee led by Vice Premier Liu He announced the crackdown late on Friday - the first time the council has targeted virtual currency mining, a big business in China that accounts for as much as 70per cent of the world's crypto supply. Advertisement Advertisement Bitcoin took a hammering after the latest Chinese move, and is now down nearly 50per cent from it's all-time...
