News Snapshot:
Bitcoin Ethereum News China has issued a fresh order on investigating alleged links of cryptocurrency being involved in illegal money laundering in traditional black markets, and has adopted the policy of crackdown and blocked several cryptocurrency accounts on Weibo to assert and establish control on ongoing Bitcoin mining practices. Beijing woke up to a fresh administrative rule where the Chinese authorities had blocked several social media accounts of cryptocurrencies circulating on Weibo because of increased illegal activities related to Bitcoin mining and crypto laundering. The authorities have also indicated more strict actions will be taken to curb the criminal activities...
