China Freezes Bitcoin Miners’ Bank Accounts

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China has frozen the bank accounts of many bitcoin miners according to local media reports as a crackdown intensifies following Yuan’s devaluation.
“Many miners and OTC merchants said that many miners’ bank cards were frozen” says Jinse, a long established news aggregator in China.
They specifically cite a Sichuan miner who they don’t name. The miner claimed that his ICBC card was suddenly frozen on the 4th of June.
When he reached out t…

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