News Snapshot:
Wyoming Senator Cynthia Lummis Says Bitcoin Offers Freedom Against Oppressive Governments China’s Inner Mongolia region has published eight detailed enforcement measures against Bitcoin mining. The Inner Mongolia Development and Reform Commission is currently seeking public comment on its draft proposal until June 1, meaning that the ban is yet to come into effect. Data centers, self-sustaining power plants, and other entities that provide support for crypto mining without reporting it “will be held accountable.” Telecommunications businesses and IT companies involved in mining will have their licenses revoked. On top of that, if places like internet cafes provide support mining, they...
