China’s Cryptocurrency Mining Crackdown Intensifies, Spreads To Sichuan

Keeping a tough stance on cryptocurrencies, China has issued an order to crack down on crypto mining operations in Sichuan’s southwest province, Reuters reported.

What Happened: On Friday, the Sichuan branch of the National Development and Reform Commission (NDRC) and the Sichuan Energy Bureau ordered cryptocurrency mining projects closed in the major mining center.

The Commission demanded the closure of 26 suspected cryptocurrency mining projects by Sunday in the province.

The authorities…


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