After the financial authorities in Hong Kong announced a public consultation for their new plan to allow licensed cryptocurrency exchanges to serve retail investors in the country who wish to trade large cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), Huobi is reportedly applying for a crypto trading license there.
Indeed, the Singapore-based crypto trading platform Huobi announced it was seeking to obtain a cryptocurrency trading license in Hong Kong, as well as to launch a new branch there, according to a Twitter thread posted by the crypto exchange’s Global Advisory Board member and its new leader Justin Sun on February 20.
Expanding into Hong Kong
Specifying the details of this announcement, Sun said:
“With the new license, Huobi will be able to expand its services and offerings to customers in Hong Kong, providing a wider range of crypto trading and investment options.”
Furthermore, as he explained, “Huobi is also launching a new exchange in Hong Kong, aptly named
We współpracy z: https://finbold.com/huobi-seeks-hong-kong-trading-license-as-crypto-policy-is-expanded/
