Huobi Global reportedly plans relocation to the Caribbean
The company may relocate up to 200 employees from Seychelles to one of the Caribbean jurisdictions. Chinese crypto exchange Huobi, which recently has had to disavow the rumors about massive layoffs inside the company, unveiled the plans to move its headquarters to one of the jurisdictions in the Caribbean, with the Dominican Republic being the first candidate. In the report from Nov. 1, citing one of the board members, the FT revealed the company’s intention “to go all in in the Caribbean.” The reason is the region’s “super-friendly” crypto stance, common law systems and English language....
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The founder of crypto exchange Huobi Global, Leon Li, is in discussions to sell nearly 60% of his investment in Huobi, which accounts for 5% of all crypto trading volume. Reports on Saturday indicate the deal is priced between $2 and $3 billion. Existing investors in Huobi, including Sequoia China and ZhenFund, were reportedly notified […]
Reggae and dancehall musicians in the Caribbean may soon have a nonfungible token platform to help gain greater control of their creative work. Jamaican reggae artist Bay-C has partnered with Caricoin, a London-based Bitcoin (BTC) wallet company, to create a nonfungible token (NFT) platform for fellow performers in the Caribbean.According to a report by the Jamaica Observer, the planned NFT platform will allow reggae and dancehall creatives in the Caribbean to gain more from their efforts in the music industry.The planned NFT platform for musicians in the Caribbean is a further extension....
Huobi co-founder Leon Li reportedly informed about his decision to other backers of the company in a July shareholders meeting. Leon Li, the co-founder of global crypto exchange Huobi, is reportedly in talks to sell the majority of his stake in the company that could be valued at over $1 billion.Li reportedly had discussions with multiple financiers seeking to offload a 60% stake in the crypto company, which could be valued at over $1 billion and some believe could fetch as high as $3 billion, reported Bloomberg. A Huobi spokesperson confirmed to Bloomberg that the co-founder is engaging....
Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic Crypto exchange Huobi Global is going to discontinue services for users based in mainland China this month. In a statement quoted by the English-language Chinese TV channel CGTN, the company announced on Sunday that starting from 11:00 a.m. Beijing time on Dec. 14, users in the People’s....
The new users of Huobi Global will receive a bonus. Huobi announces “Welcome Bonus — a $170 Sign-up bonus” for its new users. According to a recent announcement from Huobi Global, the platform now offers a “$170 Sign-up bonus” for its new users. Users who are signing up on Huobi Global will be eligible to participate in the campaign and enjoy the “Welcome Bonus”. Huobi Global is a leading global virtual asset exchange. It provides users access to more than 390 cryptocurrencies which includes mainstream cryptocurrencies such as BTC, ETH, and ADA. Adding to its features and updates, Huobi....