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

Odaily Planet Daily News: Nasdaq listed BTC mining company Hut 8 announced that its subsidiary Hut 8 Investment Ltd has obtained a commercial license from the Dubai International Financial Centre (DIFC), authorizing it to conduct self operated investment and other commercial activities under the legal and regulatory framework based on international standards and common law principles in DIFC, including direct access to global derivative markets, obtaining institutional level products and counterparties. It is reported that Hut 8 is a major shareholder of American Bitcoin, a cryptocurrency company supported by Eric Trump, the son of US President Trump. It has previously transferred its mining equipment to American Bitcoin in exchange for 80% equity. （Globenewwire）