Huobi CEO: PBoC’s Digital Currency ‘Design Ideas’ Differ from Bitcoin
As one of China’s “big three” bitcoin exchanges, Huobi (huobi.com) has been responsible for processing a significant chunk of trading volume, particularly as of late. With over 90% of BTC trading conducted with Chinese Yuan (CNY), the Beijing-based exchange is undoubtedly an important player in the Bitcoin economy. Bitcoin.com spoke with Huobi CEO, Leon....
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The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most active crypto adoption areas worldwide.
Huobi Aims to Step Up Its Presence in Latin America, Acquires Local Bitex Exchange
On Thursday, the leading crypto asset exchange Huobi Global announced the company has acquired the Latin American cryptocurrency exchange Bitex. According to the....
The chief of one of the biggest Chinese Bitcoin exchanges has penned a journal seeking regulations for the digital currency sector. The article, written by Huobi's CEO Leon Li, has arrived in the wake of growing regulatory uncertainties in the Chinese Bitcoin market, which - ironically and reportedly - hosts more than 80% of the world's digital currency transactions already. This might be the first time when an industry's representative has stepped up to speak in favor of Bitcoin regulation, in spite of knowing the China's strict stand on the digital currency in past. Huobi is pushing....
The United States expansion for Huobi has gone a step further. This is valid as HBIT secures its MSB (Money Service Business) license from the US FinCEN (Financial Crimes Enforcement Network). HBIT is a subsidiary of the digital currency exchange platform, Huobi. The License Essence According to the Seychelles-based crypto exchange platform, Huobi, the essence […]
The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as prohibited and residents from the country are forbidden to use Huobi’s service. Chinese Citizens Are Now Banned From Huobi’s Crypto Derivatives Products The digital currency exchange Huobi has updated its terms of service (ToS) and user agreement and notes that Chinese residents are banned from using Huobi’s crypto derivatives....
In 2020, crypto derivatives trading replaced spot trading as the most popular digital assets exchange segment. To meet the increased requirements of sophisticated and retail traders, Huobi Futures – the derivatives arm of Huobi Global crypto exchange ecosystem – introduces new instruments. Huobi Futures meets bullish run locked and loaded: novelties and adjustments Launched in December 2018, Huobi Futures is a crypto derivatives ecosystem of Huobi Global, one of the oldest digital assets exchanges. Huobi […]