TagSam Lee

Huobi Launches Cryptocurrency Exchange in Australia

Australia RegTech FinTech

Chinese cryptocurrency exchange Huobi announced this week that trading has begun on its newly-launched platform in Australia. Huobi’s global push is no surprise, as most crypto exchanges have been pursuing untapped markets in a bid to grow their user bases. The exchange -- now based out of Singapore, with offices in Canada and Brazil -- said trading will start with ten pairs exchanged for the...

Bitcoin Group Raises 5.9 Million AUD, Falling Far Short Of Its Goal As It Seeks ASX Listing

Bitcoin

The Bitcoin Group, a Melbourne, Australia-based bitcoin miner, raised 5,927,168.40 AUD in an initial public offering for its long-anticipated listing on the Australian Stock Exchange (ASX), significantly missing its 20 million AUD target. The company announced it is working with ASX on the listing application process as it seeks to become the world’s first publicly-listed bitcoin company. Despite...

Bitcoin Group Float Doesn’t Catch On, Listing Date Pushed Back Again

Australian bitcoin miner Bitcoin Group’s official public float on the Australian Securities Exchange (ASX) fell significantly short of its goal of raising $20 million AUD. The cryptocurrency miner raised $367,902.20 AUD. Melbourne-based Bitcoin Group, a miner that has repeatedly attempted to become the world’s first publically floated Bitcoin trading company had the date of closure of its IPO on...

Bitcoin Group Delays ASX Listing, Claims Australia’s Prime Minister Is Not A Shareholder

Bitcoin Group has delayed its Australian Securities Exchange (ASX) listing due to issues with the Australian Securities and Investment Commission (ASIC) over indications that Australian Prime Minister Malcolm Turnbull is a shareholder and misstatements about the company’s profitability, according to The Sydney Morning Herald. The company, a bitcoin miner, has postponed its listing date to Dec...