China ordered state-owned enterprises to stop all cryptocurrency mining activities. The intention is to enforce harsh sanctions on those firms who do not comply with this order, which could include higher energy costs. Meng Wei is a spokesperson of the National Development and Reform Commission. She stated that it intends to regulate BTC mining and allow state companies to participate in this activity. Recently, the NDRC organized a session to discuss the topic. It oversees policy-making for mining. This has also increased pressure on the provinces and cities to probe and examine mining activities carried out by state-owned entities. Bitcoin...