Pandaily's Digest #20210621

Bitcoin plummets in Sichuan, Tencent to build global headquarters, Yunkuaichong completes B1 financing, Borgward Auto goes bankrupt, Aihuishou gains 23% in IPO, platforms set record high during "618."

Jun 21, 2021

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Bitcoin Drops Sharply as China’s Crackdown on Crypto Mining Expands into Sichuan

The cryptocurrency market took a dive on Monday after China broadened its clampdown on cryptocurrency mining to the southwestern province of Sichuan, where local authorities confirmed a ban on such operations last week.

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