Tag: province

China’s Hebei Province Begins Crackdown On Crypto Mining And Trading, Reports Reveal

Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of…

China’s Anhui Province To Shut Down Crypto Farms As Grid Operator Issues Closure Notice, Reports

Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local…

Hydropower Stations Up For Sale Amid China’s Crackdown On Crypto Mining

Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs,…

Ontario Crackdown On Crypto Exchanges Continues With Binance Leaving The Province

Cryptocurrency exchange Binance will no longer provide services in the Canadian province of Ontario. The decision comes amid ongoing regulatory pressure on digital asset trading platforms that has already affected…

Korean Government Confiscates $47 Million In Crypto From Tax Evaders

South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized…

Reports Of Mining Sector Cleanup Put China’s Yunnan Province In The Spotlight

Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on…