Crypto exchange Huobi has announced that it has applied for a trading license in Hong Kong, as part of its commitment to compliance and regulation.
The FTX bankruptcy last year also revealed the compliance and regulatory clarity of cryptocurrency exchanges. Stock markets that want to survive and try to instill confidence in their investors continue to comply with the requirements of countries and their regulators. Finally, Huobi has applied for a trade license in Hong Kong as part of its compliance and regulatory commitments to its users.
Huobi Makes a New Move in the Adaptation Process
Popular cryptocurrency exchange Huobi has applied for a license for its services in Hong Kong, as part of compliance clearances.
Hong Kong stands out with its warm approach to cryptocurrencies and its insistence on blockchain. Especially recently, Hong Kong has been trying to make crypto trading more functional.
The efforts to become the leader of the crypto industry on the Hong Kong side are also whetting the appetite of crypto exchanges. Exchanges are working hard to provide a legal service in this region. In this context, Huobi has focused on fulfilling its commitment to compliance and regulatory clarity to its users.
https://twitter.com/justinsuntron/status/1627602672034680832
Tron founder and Huobi advisor Justin Sun announced on Twitter that Huobi has applied for a trade license in Hong Kong. Speaking on the subject, Sun will provide a more comprehensive service to Huobi’s customers in Hong Kong with the new license. Hong Kong users of Huobi will find more possibilities for crypto trading and investments.
Sun described this news as “great” for those looking for a safe port.
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