News Snapshot:
Share On Facebook As we reported a few hours ago, the price of Bitcoin tumbled Monday morning amid China’s recent crackdown on bitcoin mining in the country. That’s not all, the Chinese government also banned banks and financial institutions from providing services to any company involves in cryptocurrency transactions, which makes it difficult for bitcoin mining companies to continue their operations in China. A few hours ago, Eunice Yoon, a CNBC Beijing Bureau Chief and Senior Correspondent for NBC News reported that three tons of bitcoin mining rigs are being lifted and relocated from Guangzhou to Maryland, USA as China...
