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China's Anhui Province to Crack Down on Cryptocurrency Mining, State Media Reports

07/13/2021 | 10:15pm EDT

-- East China's Anhui province will shut all cryptocurrency mining projects to address electricity shortages, according to local state media on ahwang.cn on Wednesday.

-- Anhui will face a severe mismatch between electricity supply and demand in the next three years, the state media said. It added that the province will take various measures including curbing energy-intensive projects to tackle the issue.

Full story: http://www.ahwang.cn/anhui/20210714/2260996.html

Write to singaporedesk@dowjones.com

(END) Dow Jones Newswires

07-14-21 0015ET

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