China’s Hebei province to clamp down on cryptocurrency mining and trading

The commission said that before Sept. 30, those departments should check the information systems they are using, to avoid the use of any computing power to engage in the illegal mining of virtual currencies.

The cyberspace commission in China’s northern Hebei province said it will cooperate with other government departments to crack down on virtual currency mining and trading, the latest move in the country's cryptocurrency crackdown. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) The province’s educational department, public security department, local financial regulatory bureau, and communications administration will also participate in the crackdown, the commission's statement said.