TOKYO -- Those in the business of mining cryptocurrencies are rushing to leave China, which had accounted for 60% of global bitcoin mining, as the nation tightens restrictions on such activities.
G-20 finance chiefs warn against asset-linked 'stablecoins' without official oversight
Much of China's bitcoin mining capacity has shut down in response to tougher restrictions.
TOKYO -- Those in the business of mining cryptocurrencies are rushing to leave China, which had accounted for 60% of global bitcoin mining, as the nation tightens restrictions on such activities.