China’s crypto crackdown expands as a northern province announces new restrictions on mining and trading in cooperation with Beijing

China has been clamping down on bitcoin mining. Artyom Geodakyan/Getty Images

China’s crackdown on cryptocurrency mining has expanded into the northern province of Hebei, Reuters reported Tuesday. The area’s cyberspace commission said crypto mining consumes an enormous amount of energy. China is targeting bitcoin mining operations as it works to reduce carbon emissions.…

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