Bitcoin Mining-Rig Maker Ebang Registers Crypto Exchange in Australia

2 years ago

Chinese bitcoin mining-rig shaper Ebang (Nasdaq: EBON) registered a crypto speech with the Australian Transaction Reports and Analysis Centre (AUSTRAC).

  • Ebang banal was up 14% successful yesterday's trading connected the Nasdaq, though it has mislaid 42% of its worth successful the past six months.

  • The support "will adhd important value" to the company's maturation and is bringing it person to becoming a "diversified and vertically integrated blockchain company," Dong Hu, president and CEO, said successful the property release.

  • Hangzhou, China-based Ebang set up the subsidiary and started the registration process successful October 2020.

  • The registration has to beryllium renewed each 3 years, according to the AUSTRAC website.

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Eliza Gkritsi is CoinDesk's crypto mining newsman based successful Asia.


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