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Cryptela — Cryptocurrency News and Market Intelligence
Bitcoinist 2023-02-21 12:30:34

Huobi Plans To Shift HQ To Hong Kong Due To Positive Regulatory Move

On February 20, crypto exchange Huobi revealed its plans to shift Asia’s headquarters from Singapore to Hong Kong. This move comes after Hong Kong’s Securities and Future Trading Commission (SFC) proposed a new licensing regime allowing crypto exchanges to serve retail investors with large-cap coins. The recent FTX downfall last November worsened the crypto market
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