The latest events in China have pushed crypto miners to reevaluate domestic risk as they may now look toward international expansion.
When it comes to China, few things are crystal clear, and the nation’s recent crackdown on crypto mining is no exception. The State Council’s Financial Stability and Development Committee reported on May 21 that it is curtailing Bitcoin (BTC) mining amid financial risk concerns, which prompted the South China Morning Post to proclaim that “China’s place at the centre of global bitcoin mining is fading.” “We are seeing the cryptocurrency market enter a path to ‘de-China-isation’ — first on trading and now on computing power, based on a series of stronger steps taken against cryptocurrencies and Bitcoin mining last week by Beijing,” Wang Juan, associate professor on blockchain at Xi’an Jiaotong University and a member of the OECD Blockchain Expert Policy Advisory Board, t
Shiba Inu’s Supply Drop; Render & Borroe Finance Predicted to Soar 70%
In the dynamic world of cryptocurrencies, Shiba Inu (SHIB) has recently made headlines with its significant supply drop.…
