A Trump family-linked Bitcoin miner plans to set up an office in Dubai, a growing hub for the cryptocurrency industry known for its friendly approach to taxation and regulation.
Miami-based Hut 8 Corp. registered to open the location last week, according to a filing with the Dubai International Financial Centre. A company spokesperson confirmed it’s assembling a team in Dubai for trading and crypto-hoarding strategies. Hut 8 has Bitcoin mining operations in Texas, New York and Alberta, Canada, according to its year-end report.
The expansion to Dubai will “enhance the precision and efficiency of Hut 8’s capital strategy,” Chief Executive ...
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