China’s Inner Mongolia to shut down crypto mining farms by April 2021
The Inner Mongolia National Development and Reform Commission released an official proposal to shut down local crypto mining operations in line with its energy-saving rules.

Authorities of the Chinese autonomous region of Inner Mongolia have proposed to close down all local cryptocurrency mining facilities to reduce energy consumption in the region. The Inner Mongolia National Development and Reform Commission, or NDRC, released an official proposal to shut down local crypto mining operations in line with its energy-saving rules.

Published on Feb. 25, the draft proposal suggests to “comprehensively clean up and shut down virtual currency mining projects” by the end of April 2021. The authority also proposed a strict ban on new cryptocurrency mining projects in the region. The NDRC will collect public feedback on the draft proposal until March 3, 2021.

Rakuten’s customers can now use Bitcoin for shopping
Japanese retailer Rakuten is making it cheap and convenient to spend cryptocurrency at supported retail outlets nationwide.

Crypto-friendly Japanese retailer Rakuten is now enabling users of Rakuten Wallet, its crypto exchange subsidiary, to easily spend their cryptocurrency holdings in everyday transactions.

According to an announcement published on Feb. 24, users are now able to load up their Rakuten Pay accounts seamlessly with their wallet holdings of Bitcoin (BTC), Bitcoin Cash (BCH) and Ether (ETH). Rakuten Pay is a mobile payment app that is operative nationwide and supported at a wide range of large and medium-scale retailers.

Google Finance adds dedicated ‘crypto’ tab featuring Bitcoin, Ether, Litecoin
Google Finance now has a new category. “Crypto” appears alongside traditional markets for the first time.

Google Finance has added crypto prices to the finance.google.com domain. The section, titled “Crypto,” now appears in the “Compare Markets” category alongside conventional stock and currency markets. The section provides key pricing information for various cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).

Google Finance users can now track the performance of various cryptocurrencies in just one click.

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