The Inner Mongolia autonomous region released a draft plan on Tuesday to phase out cryptocurrency "mining" activities in the region, which came in the wake of the central financial regulating authorities' restrictions on bitcoin mining and trading. Wang Juan, a member of Blockchain Expert Policy Advisory Board of the Organization for Economic Cooperation and Development said cryptocurrency-related transactions, largely driven by speculation, have already caused roller-coaster price fluctuations in recent months and uncertainty in global financial market. "Unlike the ways of mining bitcoin and other ... (full story)