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Hong Kong-based Crypto Unicorn Amber Group eyeing US listing: report

News Snapshot:

The crypto financial services company Amber Group is considering a direct listing with the US as a “likely target,” according to its CEO. – A direct listing will be “on the table” for the next two years, Michael Wu [called] in an interview with the South China Morning Post. – “The US is a likely target, but we are open-minded,” he said. – Aspects of Amber’s plans could raise regulatory concerns in the US. Publicly traded cryptocurrency exchange Coinbase recently canceled plans to launch a similar service after the Securities and Exchange Commission threatened to sue it for offering an…

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