Crypto money mining activities in China are terminated

It has been stated that instructions are given to end the activities for virtual money production in China

Chinese authorities have instructed to shut down the activities that make up a significant part of the global Bitcoin supply. With this step, China has widened official restrictions that resulted in the crypto money exchange's shuttering.

According to sources with knowledge of the subject, the working group, which oversees the government's risks related to internet finance, asked the local authorities to give guidance to the local authorities on the termination of activities that produce crypt money or "mining".