- Last Thursday, Ebang International Holdings Inc. said the Australian Transaction Reports and Analysis Centre approved its Australian unit’s registration as a local digital currency exchange operator.
- Ebang shares jumped 14% the day it announced the latest news. But the stock gave back those gains and more the next day.
- Even though adoption of cryptocurrencies is increasing fast in Australia, the government has lately vowed to rein in cryptocurrency trading after some popular exchanges collapsed.
For further details see:
Ebang's Australia Progress Excites - Or Not - Or Maybe, As Bitcoin Gyrates