China crypto crackdown: 10,100 mining rigs confiscated in Mongolia - The Chinese government has seized 10,000 mining rigs in Mongolia. - The action has got miners scrambling and looking to set up in more crypto-friendly regions. - Crypto enthusiasts think the crackdown could be positive for the industry. The Chinese government has intensified its efforts to ban cryptocurrency mining and trading in the country. China’s National Development and Reform Commission seized 10,100 crypto mining equipments from a government-operated tech park in Inner Mongolia as it continues its operations against miners in the region. According to reports by local media ,...