News Snapshot:
For years now, China has had a difficult relationship with the crypto industry. In time, however, that relationship started getting worse and worse, especially now as the country is about to release its own cryptocurrency on a nationwide scale. All other cryptos, which might be competitors to its upcoming digital yuan must, therefore, be eliminated. Throughout the year, the country has been working on removing crypto miners from its country, as the majority of those who mine Bitcoin ( BTC/USD ) came to China due to its cheap electricity. Now, finally, its anti-crypto campaign reached a new level as the...