U.S. Based Crypto Miners Reap the Benefits of Supportive Regulations
The Chinese government's crackdown on cryptocurrencies is once again in the news. According to CNN, Chinese government agencies including the country's securities regulator and the People's Bank of China (PBOC) said in a statement on Friday that all cryptocurrency-related business activities are illegal and promised to punish illicit activities involving digital currencies. The first stages of the crackdown have already caused many crypto miners
Source: law.com