News Snapshot:
A crackdown by Beijing is rapidly accelerating a shift in focus by makers of machines that 'mine' cryptocurrencies like bitcoin from China to North America and Central Asia as Chinese clients face an uncertain future. China's central government vowed to clamp down on bitcoin mining and trading on Friday, causing some miners to halt all or part of their operations in a country that accounts for more than half of the world's crypto supply. The makers of the equipment miners use, many of them Chinese, say they are now looking elsewhere for growth. Hangzhou-based Ebang International said that its "mining...
