News Snapshot:
In context: It appears that China's crackdown on crypto mining hasn't been as effective as its government hoped. The country's share of global Bitcoin mining operations has jumped from zero to almost a quarter, putting it behind only the US as the world's top BTC-mining nation. In October last year, the US surpassed China for the first time to become the global crypto mining leader. The Asian nation had spent months clamping down even harder on cryptocurrencies and even declared all transactions using the virtual currency illegal . China's tightening grip on the industry saw its share of the global...