Huobi to Roll Out Trading Services in Hong Kong

Huobi Launches Huobi HK, Providing Cryptocurrency Trading Services in Hong Kong

Singapore-based Huobi recently announced the launch of Huobi HK, which will offer cryptocurrency trading services to Hong Kong users. Huobi HK will play a significant role in driving Hong Kong’s Web3 towards becoming a global hub. In the future, Huobi HK users will be able to buy, sell, and hold mainstream cryptocurrencies such as BTC and ETH, as well as other major cryptocurrencies listed on the independent index. Huobi is committed to delivering excellent trading experiences to Web3 Hong Kong users.

Hong Kong has gradually implemented crypto-friendly policies, and recently announced the introduction of “crypto regulations.” The Hong Kong Securities and Futures Commission (SFC) has also announced that more details regarding virtual asset trading regulations would come to light from June 1st. Retail investors may also be able to trade digital assets on licensed platforms from as early as the second half of 2023.

As an exchange platform with a decade-long history, Huobi actively participates in the development and construction of Hong Kong’s Web3 ecosystem. During this year’s Hong Kong Web3 Carnival, Huobi became a significant contributor to Hong Kong’s first Web3 ecosystem fund. Huobi is also actively preparing to apply for a cryptocurrency trading license in Hong Kong. It aims to open up the Hong Kong market compliantly and in a regulated manner that will accelerate the development of Hong Kong’s Web3 ecosystem.

Huobi serves millions of users worldwide and aims to provide comprehensive services and values to global cryptocurrency enthusiasts. Huobi has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that spans digital asset trading, financial derivatives, wallets, research, investment, incubation, and other areas.

Regulation of Web3 in Hong Kong will contribute to the widespread adoption of cryptocurrencies on a global scale,” said a representative from Huobi. “Huobi will continue to collaborate with regulatory authorities in Hong Kong to support the development of a vibrant Web3 hub.”

Sources:

Huobi Twitter announcement

Hong Kong crypto regulations

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J-S Tremblay
About the author - J-S Tremblay

I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...

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