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Ebang Launches Australia-Based Subsidiary, Seeks Approval for New Exchange
The move is part of the bitcoin mining machine producer's plan to build a digital asset financial service platform.
By Zack Voell
Updated Sep 14, 2021, 10:22 a.m. Published Oct 22, 2020, 7:18 p.m.
Nasdaq-listed bitcoin mining equipment manufacturer Ebang has set up a wholly owned subsidiary in Australia as part of its strategy to create a digital asset trading platform.
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- The company has applied for but not yet received an Australian financial services license, per a Thursday press release.
- In June, CFO Chen Lei confirmed the Hangzhou-based company planned a cryptocurrency exchange that would strictly operate outside of China, as CoinDesk previously reported.
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Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
Bilinmesi gerekenler:
- Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
- The rally coincided with significant spot BTC price premium on Coinbase.
- Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.
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