Crypto miners look beyond China as government threatens crackdown
Some cryptocurrency mining operators reportedly have halted activities in China and are looking overseas for alternative sites, amidst increasing scrutiny from the Chinese government.
Some cryptocurrency mining operators reportedly have halted activities in China and are looking overseas for alternative sites, amidst increasing scrutiny from the Chinese government.
Three financial groups issue joint statement that warns about the risks of cryptocurrency speculation and against its use as a payment mode, but makes no reference to crypto mining.
Facilitated through partnerships with Western Union and Wise, the service is available only for Google Pay users in the US and will be extended to more than 200 markets by end-2021, but there is no word yet on when it will be enabled for users outside Google's home nation.
Cross-border digital payment deal will allow users in both countries to transfer funds of up to SG$1,000 ($753.4) or THB25,000 ($793.96) using the recipient's mobile number.