Crypto clampdown won’t stop China’s love for crypto | The Daily Forkast

The Chinese crypto clampdown won’t stop the nation from furthering developments in the space. It has released its E-CNY White Paper, which outlines launch plans for its digital currency and how it will work side-by-side with the Renminbi (RMB). This as Bitcoin ( $70,792.00 ) mining difficulty level falls nearly 5% on Saturday. Online shopping giant Taobao, an Alibaba affiliate has also started including NFT sales in its annual maker festival. Meanwhile Malaysian authorities have seized Bitcoin ( $70,792.00 ) mining rigs using a steamroller. That’s all on this edition of The Daily Forkast.

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