China's Inner Mongolia Declares War on Crypto Mining

Mar.04 — Nishant Sharma, founder and chief executive officer of BlocksBridge Consulting Ltd., an advisory firm focused on bitcoin mining, talks about the decision by China’s Inner Mongolia to ban cryptocurrency mining, and the implications for the industry. The autonomous region declared it will shut all such projects by April and banned new digital coin projects, according to a draft plan posted on the Inner Mongolia Development and Reform Commission’s website. Sharma speaks on “Bloomberg Markets: Asia.”