News Snapshot:
WhatsApp Chinese authorities are reportedly implementing a crackdown on mining activity in a fresh blow to crypto-miners in the country. China has taken serious action against cryptocurrencies in recent times, with authorities now looking to clamp down on activity in Sichuan province. As the South China Morning Post (SCMP) reports (via Coindesk ), the National Development and Reform Commission branch in Sichuan (along with the Energy Bureau) has issued a decree to crack down on mining operations. The Sichuan region is one of Chinaâs largest crypto-mining hubs, so this is another major move against cryptocurrencies. Indeed, itâs the second-largest Bitcoin...