Kazakhstan internet shutdown sends price of Bitcoin tumbling • FRANCE 24 English

The decision by authorities in #Kazakhstan to shut down the #internet in the wake of intensifying political unrest took some 15 percent of the world’s entire #Bitcoin mining capacity offline, sending its price tumbling. Kazakhstan is the world’s second-largest Bitcoin mining location. Cryptocurrencies have also been hit by recent central bank plans to reduce cash injections and raise interest rates. FRANCE 24’s Bryan Quinn tells us more. 🔔 Subscribe to France 24 now: 🔴 LIVE - Watch FRANCE 24 English 24/7 here: 🌍 Read the latest International News and Top Stories: