News Snapshot:
The Cyberspace Commission in Hebei Province in northern China said it would work with other government departments to crack down on cryptocurrency mining and trading. This is the latest move in China’s cryptocurrency crackdown. The state’s education, public security, local finance and regulatory bureaus, and telecommunications administration will also participate in the crackdown, according to a statement from the committee. [Cryptocurrency](//gadgets.ndtv.com/finance/crypto-currency-price-in-india-inr-compare-bitcoin-ether-dogecoin-ripple-litecoin) The mining industry consumes enormous amounts of energy, which goes against China’s “carbon-neutral” goals, “he added, adding that it also carries enormous economic risks. In May, the State Council of China, or the Cabinet, [I vowed to crack down](//gadgets.ndtv.com/cryptocurrency/news/cryptocurrency-bitcoin-price-mining-ban-crackdown-china-sichuan-2468645)...
