Bitcoin mining companies eyeing move to U.S. amid crypto-crackdown in China

FAN Editor 3 years ago

Bitcoin mining companies eyeing move to U.S. amid crypto-crackdown in China – CBS News

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Bitcoin miners in China are looking to relocate their operations to U.S. states like Texas, South Dakota and Tennessee, according to The Washington Post. It’s in response to China taking a tighter stance on cryptocurrency as the country looks to meet its climate goals. Gerry Shih, a China reporter for The Washington Post, joins CBSN’s Lana Zak with a deeper dive into this potential migration.

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