Cryptocurrency miner Bitmain lets Hong Kong IPO application lapse
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HONG KONG (Reuters) - Bitmain Technologies, the world's largest designer of products for mining cryptocurrencies, on Tuesday let its application for a Hong Kong initial public offering (IPO) lapse, becoming the latest cryptocurrency company to shelve plans to go public.Bitmain's application lapsed on Tuesday, six months after it was filed, the Hong Kong stock exchange's website showed."We do recognise that despite the huge potential of the cryptocurrency and blockchain industry, it remains a..