Express

Bitcoin Mining Giant Ebang Set To Launch Crypto Exchange In Q1 2021

Mary Liu

Summary: Ebang International, a Nasdaq-listed mining giant based in China announced today that it will launch a cryptocurrency exchange in the first quarter of 2021. The company has completed internal testing of its cryptocurrency exchange and will begin public testing soon. After the news come out, the company's share price soared 25%. Early this year, Ebang’s Canadian ...

Ebang International, a Nasdaq-listed mining giant based in China announced today that it will launch a cryptocurrency exchange in the first quarter of 2021. The company has completed internal testing of its cryptocurrency exchange and will begin public testing soon. After the news come out, the company's share price soared 25%.

Early this year, Ebang’s Canadian subsidiary has obtained a currency service business license from the Canadian Financial Transaction and Reporting Analysis Center (FINTRAC), which will allow the company to provide foreign exchange transactions, digital currency transfers, and virtual currency trading services in Canada.

By Mary Liu

  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 7 hours ago
  • Is the Crypto Bull Market Over? 1 days ago
  • EIGEN Airdrop: The Evolution of Ethereum 2 days ago
  • The Endgame of Layer 2s, Explained 5 days ago
  • The Bitcoin Halving is Complete! What’s Next? 12 days ago
  • You need to login to comment.