Cryptocurrency exchange Huobi has suspended bitcoin mining services and sales of mining equipment in mainland China. The move comes on the heels of a government crackdown on crypto mining in the country. Huobi thus has become one of the first Chinese-founded platforms to halt its miner hosting operations. “In order to be more focused on the expansion of our overseas presence, we will currently suspend provision of related services for new users in mainland China. For existing users, updated information and details will be announced shortly,” a spokeswoman at Huobi told the South China Morning Post on Monday. The company separately anno
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