Bitcoin

Chinese regulators move to close bitcoin mines

Name: Chinese regulators move to close bitcoin mines
Uploaded: 2018-01-10T17:52:42.812Z
Duration: 1 min 44 s
Channel: Financial Times
Description: Beijing decides cryptocurrencies are not strategically important technology

China is moving to eradicate the country’s bitcoin mining industry over concerns about excessive electricity consumption and financial risk

January 10, 2018

Produced and edited by Jamie Han, Footage:Bloomberg/Reuters, Photography:Getty/Reuters, Reporting:Gabriel Wildau