Huobi suspends Services For Chinese Users In the aftermath of Crypto Ban
Huobi Global, China’s most popular cryptocurrency exchange, was the first to announce the shutdown of its services in the country, this was prompted by China’s new push for a crypto crackdown. New registrations using mainland China mobile numbers have been shut down by the famous cryptocurrency exchange Houbi . For Hing Kong users, however, fresh […]
Huobi Ventures launches $10M fundraiser for GameFi
Huobi Ventures’ cryptocurrency exchange dedicated investment arm in a bid to combine digital assets and gaming has established a $10 million fund to invest in early-stage GameFi businesses. The fund will make direct investments in initiatives that combine blockchain gaming with decentralized financial infrastructure. Users can earn dividends using GameFi’s business methods , which include […]
Thai SEC seeks to terminate the operating license of Huobi crypto exchange
Local authorities in Thailand have ordered the suspension of Huobi’s operations in the country due to the company’s apparent failure to comply with local legislation. In a recommendation to the Ministry of Finance, the Securities and Exchange Commission (SEC) of Thailand has temporarily suspended the services of the local branch of cryptocurrency exchange Houbi and […]
Huobi adds crypto-fiat support operations in Latin America
Our objective is to bridge this gap between fiat and crypto for traders throughout all the region in a fast and efficient way”- Huobi’s Director of Global Strategy. The next chess move involves collaboration with Latamex , Settle Network’s on-ramp and off-ramp fiat-to-crypto payment gateway, with the purpose of facilitating fiat-to-crypto purchases and sales in […]
Spanish officials issue warning on several crypto- and financial market-related businesses for illicit services
A warning was issued by the National Securities Market Commission of Spain against 12 firms crypto and financial market-related businesses for not being properly registered to provide investing services. Regulators from all around the world are continuing to apply pressure to cryptocurrency businesses on a regular basis. In Spain, the National Securities Market Commission (CNMV) […]