Crackdown

Illustration: Yunha Lee for CoinDesk
China Casts Long Shadow Over Hong Kong's Once-Vibrant Crypto Industry
The city's regulators are looking to finally provide some clarity. Will it be enough to retain crypto companies leery of China's growing sway?
Illustration: Yunha Lee for CoinDesk

Huobi OTC
Huobi Shuts Down Beijing Entity Amid Crypto Crackdown
The company said it's an old entity that isn't in use anymore.
Huobi OTC

A bitcoin mining farm.
China's Crackdown Is Forcing Miners to Dump GPUs on Secondhand Market: Report
The number of listings on China's most prominent marketplace apps has increased in the last month and a half.
A bitcoin mining farm.

Emblem of China on the Great Hall of the People, at Tiananmen Square
China Crypto Crackdown: Calendar Offers Clue as to 'Why Now?'
Crypto crackdowns tend to intensify amid politically sensitive times in China.
Emblem of China on the Great Hall of the People, at Tiananmen Square

Markets Daily Crypto Roundup
Bitcoin News Roundup for June 23, 2021
With BTC bouncing back to $34K and a look at why China's crypto crackdown is different this time, CoinDesk’s Markets Daily is back with the latest news roundup.
Markets Daily Crypto Roundup

Mining facility
Chinese Bitcoin Mining Company Delivers First Machines to Kazakhstan
BIT Mining expects to deliver another two batches of machines by the start of July.
Mining facility

Crypto mining machines
Chinese Logistics Firm Airlifting Bitcoin Mining Machines to Maryland: Report
"Compared to the amount of miners that get shipped regularly, it's just a small batch," a mining source told CoinDesk.
Crypto mining machines

Ziping Pu dam in China's Sichuan province.
Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown
The Sichuan government has joined other Chinese provinces in ordering local bitcoin mining operations to shut down pending an inspection.
Ziping Pu dam in China's Sichuan province.

Technicians exit a cooling chamber adjacent to a wall of bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China.
Chinese Province Cracks Down on Unauthorized (Not All) Bitcoin Mining
The Yunnan Energy Bureau stopped short of an all-out crypto mining ban.
Technicians exit a cooling chamber adjacent to a wall of bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China.

bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia
Corrected: Yunnan Province Did Not Order Crypto Miners to Shut Down
The source for the original report appears to have been a counterfeit.
bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia