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Hong Kong-Based Crypto Unicorn Amber Group Eyes US Listing: Report

September 24, 2021
Source: coindesk.com coindesk.com
News Snapshot:
Crypto financial services firm Amber Group is weighing up a direct listing, with the U.S as the “likely destination,” according to its CEO. - A direct listing is “on the table” in the next two years, Michael Wu said in an interview with South China Morning Post. - “The U.S is a likely destination, but we’re open minded,” he said. - Aspects of Amber’s plans may raise regulatory concern in the U.S. Amber allows customers to earn interest on crypto holdings by lending to other clients at a higher rate. Publicly listed crypto exchange Coinbase recently aborted plans to launch...
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Tags: banking | bitcoin | blockchain | Canada | CEO | China | commission | credit | crypto | finance | financial | financial services | fintech | Hong Kong | IT | KONG | Korea | listing | management | report | SEC | Securities and Exchange Commission | Security | South Korea | Taiwan

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