Sichuan has told bitcoin miners they have until September to leave the province, allowing them to take advantage of the region’s abundant summer hydropower as Beijing continues a crackdown on mining activity.
Starting next season, the San Jose Sharks will accept payment for certain purchases in cryptocurrency, including Dogecoin and Bitcoin.
There’s more trouble on the horizon for South Korean cryptocurrency exchanges. The country’s financial regulator plans to prevent cross trading on its platforms.
Weekly outflows from institutional Bitcoin products have hit an all-time of $141 million, while trade volume is also down 62% compared to May.