About This Source - FRANCE 24 English
The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.
Recent from FRANCE 24 English:
FRANCE 24 English published this video item, entitled “China intensifies crackdown on bitcoin mining” – below is their description.
#China’s #Sichuan province announced over the weekend that it would shut down major #Bitcoin mines. It’s the latest local #crackdown on #cryptocurrency mining, which stands to have a significant impact on the world’s crypto processing power. China is wary of the potential for money laundering with bitcoin transactions and also says that mining the cryptocurrency is too damaging to the #environment. The increased restrictions on the industry are driving out Chinese bitcoin miners, who are looking to other countries as a new location.FRANCE 24 English YouTube Channel
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