News Snapshot:
China Crypto Miners Squeezed Further as Anhui Halts Projects (Bloomberg) -- China dealt another blow to its beleaguered cryptocurrency industry, with Anhui province becoming the latest to pledge to crack down on the practice of using power-hungry machines to mint Bitcoin and other virtual currencies. Anhui plans to shut down all crypto mining projects within the next three years due to a power supply shortage, hf365.com reported . The province, which is located in eastern China less than three hours away from Shanghai via high-speed train, will also curb new projects that require large amounts of energy or power consumption...
