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0 0 0.0315822885256309 0.0292017140136488 -0.000158704967465464 0.190445960958578 0.00142834470718935 0.00507855895889538
Stock impact report

Ebang International Accelerates its Global Collection and Payment Business Development

Ebang International Holdings Inc. - Class A Ordinary Shares (EBON) 
Company Research Source: GlobeNewswire
HANGZHOU, China, June 16, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company”, “we” or “our”), a global blockchain technology company, today announced that the Company intends to obtain a Money Service Operator License (the “MSO License”) from the Hong Kong Customs and Excise Department. If and when obtained, the MSO License will allow the Company to operate a money service in Hong Kong as either a money changing service and/or a remittance service in Hong Kong. This decision to pursue the MSO License represents another major strategic initiative of the Company in further developing its global collection and payment business following the successful acquisition of Compass Global Holdings Pty Ltd ("Compass"), which acquisition enabled the Company to obtain an Australian Financial Services License (the "AFS License") from the Australian Securities and Investments Commission ("ASIC"). Mr. Dong Hu, Chairman, Chief Executive Officer and Chief Financia Show less Read more
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