Huobi Obtains Virgin Islands Regulatory License
- September 9, 2022
- 0
Huobi Group has received a license from the British Virgin Islands Financial Services Commission to operate a virtual asset trading platform. 👏BIG NEWS!👏 🔥#huobi The group has been
Huobi Group has received a license from the British Virgin Islands Financial Services Commission to operate a virtual asset trading platform.
👏BIG NEWS!👏
🔥#huobi The group has been approved to operate a licensed virtual asset exchange in the British Virgin Islands, which brings us to a #CorporateRegion-grade virtual assets trading platform. https://t.co/00sVdQovCV pic.twitter.com/Smi51I1uQM
— Huobi (@HuobiGlobal) September 9, 2022
The exchange will operate through a subsidiary, Brtuomi Worldwide Limited, in the jurisdiction. Second, it plans to offer customers a range of services, including spot trading in Bitcoin and Ethereum, derivatives and other investment vehicles.
“In the future, we will work closely with British Virgin Islands regulators to develop a range of licensed trading products and services and help grow the cryptocurrency industry in the region,” said Lily Zhang, the company’s CFO.
Recall that in August the “daughter” of Huobi – Hbit Technologies received permission to provide financial services in Canada.
The change was also approved by New Zealand and Dubai authorities.
Since November 2021, one of Huobi’s subsidiaries has been licensed for spot trading of cryptocurrencies in Gibraltar.
Read ForkLog bitcoin news in our Telegram – cryptocurrency news, courses and analysis.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
