News Snapshot:
China’s crackdown on bitcoin mining continues to gather steam, both on the ground and online, as northwestern Qinghai province and the Xinjiang region begin pushing out miners while search engine Baidu and social network Weibo censor search results for major cryptocurrency exchanges. The provincial industry and information technology authorities in Qinghai ordered bitcoin mines to shut down on Wednesday and banned companies from providing related projects with land and power, according to a notice cited by state-owned Xinhua News Agency. The notice was issued after Chinese President Xi Jinping visited the province, where he emphasised the importance of environmental protection....
