Huobi Stock Price Plunges After Closing China Subsidiary

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Why did Huobi file 'resolution to dissolve' its entity in China

The stringent crackdown on cryptocurrency businesses and mining in China has led the prominent cryptocurrency exchange, Huobi to shut down its subsidiary functioning in the country. According to the pThe post Why did Huobi file 'resolution to dissolve' its entity in China appeared first on AMBCrypto.

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Huobi Launches Latest $100 Million Fund to Invest in Early Stage DeFi Projects 

Huobi Group, one of the largest blockchain companies in the world, announced earlier this week that it would launch Huobi Ventures, a new subsidiary that will focus on Huobi’s investment portfolio in the blockchain space.

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Huobi Launches $100M Subsidiary to Grow Investment Portfolio

The leading global blockchain asset financial service provider Huobi has unveiled a venture unit… The post Huobi Launches $100M Subsidiary to Grow Investment Portfolio appeared first on Coin Journal.

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Huobi Subsidiary Launches Bitcoin (BTC) and Ether (ETH) Funds for Institutional Investors

Huobi Asset Management has announced the launch of its bitcoin (BTC), Ether, private equity fund, plus a fund that invests in a basket of cryptoassets. The team says the funds will give institutional investors such as family offices, high net worth individuals, and others, exposure to bitcoin, ether, as well as other cryptos and itRead More

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Huobi Tech’s Subsidiary Huobi Asset Management Got the Approval to Launch 100% Virtual Asset Funds and Plans to Launch 3 Virtual Asset Funds

Huobi Technology Holdings Limited , is pleased to announce that Huobi Asset Management Limited , a wholly-owned subsidiary of the Company, has obtained the Securities...

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Hong Kong: Huobi Exchange Subsidiary Bags Two Important Licenses from the SFC

Huobi Asset Management, the Hong Kong-based asset management subsidiary of Huobi Technology Holdings, has been granted a Type 4 (advising on securities) and a Type 9 (asset management) license by the Securities and Futures Commission (SFC), according to a report on August 3, 2020.

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Huobi Launches New Fiat/Crypto Pair for the Indonesia Rupiah (IDR) Against Tether (USDT)

Huobi Crypto Exchange recently announced that they will introduce a trading pair for the Indonesian Rupiah against Tether (USDT) for this market subsidiary. The fiat gateway will enable Huobi users in Indonesia to trade over 250 cryptocurrencies through a simple IDR Top up and exchange for USDT to purchase other coins. David Chen, Huobi’s Cloud Senior […]

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Huobi Argentina, a Subsidiary of China’s Huobi Group, Will Launch a $100 Million Data Center

Huobi Argentina, which is a subsidiary of the Chinese group Huobi in the country, has recently announced that it would invest $100 million USD to go towards creating a new crypto data center in Argentina.

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Huobi Licensed to Launch Fiat-to-Crypto Exchange in Thailand 

Huobi Group, a leading Singapore-based digital assets exchange has announced that Huobi Thailand, its Thai-based subsidiary has secured a fifth license that would enable it to operate a crypto exchange in the region.

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Following Expansions, Japanese Regulator Investigates Local Crypto Exchanges

Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global.

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Huobi Australia Closes Shop and Drops Plans for Fiat-to-Crypto Trading

Huobi’s Australian arm sought registration with the Australian Transaction Reports and Analysis Centre (AUSTRAC) but has chosen to forgo its certification.    Market Slump and Redundancies The decision to shut down comes barely eight months after the launch of Huobi’s Australian subsidiary, meaning it will be taken over by the parent Huobi Global.

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Huobi Swallows Australian Subsidiary amid Tough Crypto Market Conditions

Cryptocurrency exchange Huobi is absorbing its Australian arm as the crypto winter has taken its toll on regional operations.

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Huobi Global Absorbs Australian Unit Amid Bear Market, Reveals Recent Layoffs

Just eight months after its launch, Huobi’s Australian subsidiary is to be subsumed under the Huobi Global canopy, citing poor market conditions

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In the Daily: Huobi AML Measures, New OTC Desk, Bank Card Deposits

In The Daily this Monday, we feature several developments cryptocurrency traders may want to know more about. The Korean subsidiary of global digital asset exchange Huobi is enhancing its anti-money laundering measures and a new over-the-counter trading desk will offer services to crypto investors.

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The Daily: Huobi Adds USD Trading Pairs, Airswap Launches Fiat-to-Crypto Exchange

In this edition of The Daily, we cover two announcements regarding fiat-to-crypto trading services. The U. S. subsidiary of Huobi has introduced pairs between three cryptocurrencies and the U. S.

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U.S.-Based Subsidiary of Huobi Launches Fiat-To-Crypto Trading

Huobi.com, the U.S.-based subsidiary of leading global digital asset exchange Huobi Group, is launching fiat-to-crypto trading services. Initially, the exchange… The post U.S.-Based Subsidiary of Huobi Launches Fiat-To-Crypto Trading appeared first on Invest In Blockchain.

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US-Based Subsidiary of Huobi Launches Fiat-To-Crypto Trading

Huobi.com, the US-based subsidiary of leading global digital asset exchange Huobi Group, is launching fiat-to-crypto trading services. Initially, the exchange… The post US-Based Subsidiary of Huobi Launches Fiat-To-Crypto Trading appeared first on Invest In Blockchain.

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While Ethereum and Ripple hoped to see “the decoupling”, EOS could be the first altcoin to pull it off

The Chinese Bitcoin exchange Huobi is planning to set up an exchange based on the crypto currency EOS. This is to be done via its mining subsidiary Huobi Pool. The world’s first EOS exchange is to be launched in the first quarter of 2019.

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The Daily: Bitfinex Schedules Exchange Downtime, Koinex Adds New Security Features

Ifinex, the operator of Bitfinex and Ethfinex, is planning to briefly restrict access to the crypto trading platforms on Jan. 7 while migrating data to its new servers in Switzerland. Also in The Daily on Sunday, Indian exchange Koinex has updated its security features and Huobi’s mining subsidiary is preparing to launch a new trading […] The post The Daily: Bitfinex Schedules Exchange Downtime, Koinex Adds New Security Features appeared first on Bitcoin News.

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Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry

The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice.

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Bittrade will relaunch as part of Huobi after buyout

Bittrade, one of 16 regulated Japanese cryptocurrency exchanges, has announced the complete termination of its current trading system. The exchange will then reopen as part of the Huobi family, Bitcoin.

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Grant Thornton Attests USDC Is Backed by Fiat, Huobi Sets Up Communist Party Branch

In exchange news, we look at a major accounting firm’s attestation that all USDC tokens issued by Circle are fully backed by fiat dollars. We also focus on a Huobi Group subsidiary that has set up a Chinese Communist Party branch, as well as Bakkt, which has listed the reasons behind its move into bitcoin.

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Huobi Group Sets Up Communist Party Committee in Beijing

As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company.

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Huobi Subsidiary Sets Up Communist Party Committee

It joins the likes of Baidu, Tencent, and Alibaba Group as private companies that have set up committees to improve relations with the Chinese government.

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Cryptocurrency Exchange Huobi Creates a Communist Political Commitee

Huobi, the third largest cryptocurrency exchange platform by trading volume has set up a communist party committee; a moved dubbed as a “milestone” by the company founder, reports South China Morning Post, November 19, 2018.

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Huobi Creates New Committee to Work With China’s Communist Party

Cryptocurrency exchange operator Huobi Group has set up a Communist Party committee at a Beijing-based subsidiary.

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Huobi Pool Surpasses Expectations, Records 287% Growth in Q3

Huobi Global released its third-quarter earnings report on Nov. 5th for its mining subsidiary, Huobi Pool, which managed to defy the current bear market and record a 287-percent jump in its profits in Q3.

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Crypto Exchange Huobi Reveals Global Expansion and New Partnerships Plans

Singapore-based crypto exchange, Huobi, will be launching a subsidiary called Huobi Mena in Dubai. The new center will become a regional headquarters as Huobi goes on to its expansion drive in the Middle East, Africa, and South Asia according to a recent blog post.

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Huobi Cryptocurrency Exchange Acquires Majority Stake in BitTrade

The third largest cryptocurrency exchange in the world by 24-hour trading volume Huobi has acquired a majority stake in the Japanese-licensed crypto trading platform, BitTrade, as first reported by Tech In Asia on September 12, 2018.

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Huobi Enters Japanese Market With BitTrade Acquisition

Huobi Japan Holding Ltd. has acquired a majority stake in Japanese cryptocurrency exchange BitTrade, marking the top-three exchange’s formal entry into the Japanese market.

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Huobi Declares Majority Stakeholdership in Eric Cheng’s BitTrade Platform

In a move that could send Japan’s cryptocurrency market skyrocketing into American digital assets trading, Huobi Global’s subsidiary Huobi Japan has been declared a majority stakeholder in Japan’s BitTrade platform.

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Huobi Launches in Australia Offering 10 AUD Pairs

Crypto exchange Huobi has started trading in Australia with 10 pairs against the AUD, including bitcoin cash (BCH). More trading pairs will be added in the future. The platform also plans to partner with local startups through its investment fund and a subsidiary.

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To Explore Blockchain Tech Applications Huobi Partners With Jd

JD Cloud, a subsidiary of Chinese e-commerce giant JD Group is teaming up with crypto exchange Huobi to conduct new research into blockchain technology and cloud computing. Gang He, JD Group vice president and the head of product development at JD Cloud, said that the partnership decision was made based on JD Cloud’s experience in

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Korea University and Huobi Subsidiary announced partnership

In the name of “industry-academia” cooperation in the field of blockchain development, Korea University is reportedly teaming up with the South Korean subsidiary of crypto exchange Huobi. Huobi was originally founded in Beijing in 2013, though it is now headquartered in Singapore, with branches in the US, Japan, Hong Kong, and China. The new South […]

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New Partnership Announced Between Korea University and Huobi Subsidiary

“Industry-academia” partnership between Korea University and Huobi crypto exchange seeks mutual benefits

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