Hut 8 announces that its subsidiary has obtained Dubai DIFC license and plans to explore the derivatives market

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MarsBit
07-22
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Mars Finance News: Nasdaq-listed BTC mining company Hut 8 announced that its subsidiary, Hut 8 Investment Ltd, has obtained a business license from the Dubai International Financial Centre (DIFC), authorizing it to conduct proprietary investment and other commercial activities under the DIFC's international standards and common law legal and regulatory framework, including direct access to global derivatives markets, institutional-level products, and counterparties. It is reported that Hut 8 is a major shareholder of American Bitcoin, a cryptocurrency enterprise supported by Eric Trump, son of former US President Trump, and has previously transferred its mining equipment to American Bitcoin in exchange for 80% of the equity. (Globenewwire)

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