Chinese Clampdown on Cryptocurrencies Is Reportedly Forcing Mining Firms to Leave With Their Computers Technology By Alex Smith On Sep 7, 2021 0 Share (adsbygoogle = window.adsbygoogle || []).push({}); China, which accounted for more than half of global Bitcoin production until a few months ago, banned payment companies and other financial institutions from offering services related to cryptocurrency transactions in May 2021. Not just that, it also warned investors against speculative cryptocurrency trading, in what has been a major crackdown on crypto assets. As a result of this massive clampdown, many big cryptocurrency mining companies are moving out of the…