News Snapshot:
China extends its crypto mining crackdown to Sichuan. 3 hours 19, 2021 The Sichuan Provincial Development and Reform Commission and the Sichuan Energy Bureau issued a joint notice demanding the closure of 26 suspected cryptocurrency mining projects. The Sichuan Provincial Development and Reform Commission and the Sichuan Energy Bureau issued a joint notice demanding the closure of 26 suspected cryptocurrency mining projects. Most of the crypto mining happens in China, accounting for more than half of global bitcoin production. But the State Council, China’s cabinet, announced a clampdown on bitcoin mining and trading last month as part of a series...
