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HUOBI GLOBAL

Crypto miners halt China business after Beijing cracks down, bitcoin tumbles

24 May, 2021, 02.00 PM IST

A State Council committee led by Vice Premier Liu He announced the crackdown late on Friday as part of efforts to fend off financial risks. It was the first time the council has targeted virtual currency mining, a big business in China that accounts for as much as 70 per cent of the world’s crypto supply.

Source

Read more: https://mcc.exchange/2021/09/25/huobi-global/

Text source: MCC.EXCHANGE

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