China’s cryptocurrency crackdown intensifies as Sichuan province orders a stop to mining operations

Source: Tech – South China Morning PostThe Sichuan government has ordered a halt to all cryptocurrency mining operations in the southwestern province, reversing its previous lenient stance on the sector amid a national crackdown against these large power-intensive activities.The provincial branch of the National Development and Reform Commission (NDRC) and the Sichuan Energy Bureau jointly issued on Friday an order to “clean up and terminate” these mining operations, according to a notice obtained and verified by the South China…Read More

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