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Anticipated Overseas Migration of Cryptocurrency Mining due to China’s Crackdown

On the 23rd of June, the extensive crackdown on the cryptocurrency sector in China is significantly affecting miners and may result in a mass departure from the country. The recent actions are predicted to prompt miners to relocate their activities to other countries such as the United States, Canada, and Sweden. Joanna Ossinger from Bloomberg provides insights in “Bloomberg Daybreak: Asia.”

Credit: YouTube/Bloomberg Television

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