Tag: huobi global

Sep 28 2021

Why did Binance’s BNB Remain Mostly Unaffected by China’s Crypto Crackdowns, While Huobi’s HT Lost Heaps

After a series of regulatory clampdowns that date back all the way back to 2013, China has decided to issue a blanket ban on all cryptocurrency activity in the country on September 24. As expected, native tokens of crypto exchanges that were offering their services to Chinese users, such as OKB and Huobi token, have been particularly hard hit. However, Binance Coin remained...

Sep 27 2021

Decentralized Exchange Tokens UNI and DYDX Are Surging, Ethereum Reclaims $3,000 Milestone

The cryptocurrency market has been thoroughly shaken up by Friday’s news of China banning crypto services like trading and new token issuance. In the 48 hours following the regulatory crackdown, the total market cap had dropped by $150 billion, pushing the value of Bitcoin to $41,000 and Ethereum to $2,750. Since then, bullish momentum has allowed most tokens to recover some of their...

Huobi Plans on Retiring all China-Based Accounts by the end of the Year

Huobi Global revealed its plans for a gradual withdrawal from the Chinese market. One of the largest cryptocurrency exchanges announced that new account registrations were suspended in order “to comply with local laws and regulations.” The policy change was put into effect almost immediately after the news of China banning crypto transactions became known.

Sep 26 2021

China Crypto Ban: Crypto Exchange Huobi To Retire User Accounts

Top Crypto Exchange Huobi Global has said it will suspend all China-based user accounts later this year. The exchange said in an announcement on Sunday that it has discontinued account registration for new users in...

Jun 16 2021

Crypto Exchange Huobi Restricts Derivatives Leverage Trading to Less Than 5x in China

With China's recent crackdown on crypto trading, crypto exchange Huobi is introducing further restrictions on its platforms. In an exclusive revelation, Chinese crypto journalist Colin Wu...

Mar 09 2021

Breaking: Seychelles FSA Issues Caution Notice Against Huobi Crypto Exchange; Denies Claims of Operations in the State

Mar 09 2021 Published at Coingape under tags  binance fsa huobi huobi global news

The Financial Service Authority of Seychelles issued a regulatory warning...

Mar 04 2021

Chinese Crypto Exchange Huobi Plans Its Owns Grayscale-Like Crypto Funds for Asia

As the Asian cryptocurrency market continues to mature, Asia's biggest crypto trading platform Huobi cites an opportunity here! As per the latest info from Chinese journalist Wu Blockchain, Huobi Global is planning to...

Jan 18 2021

Huobi to enhance fiat gateway for European users with BCB Group

Crypto exchange company Huobi Global, today announced it has partnered with BCB Group, a European-based crypto-dedicated payment services provider, to provide clients with European fiat on/off ramps and the ability to send fiat to crypto counterparties via BLINC in real-time, 24/7, 365 days a year. BCB is well known for providing regulated services for cryptocurrency companies looking to target the burgeoning European market....

Dec 23 2020

Huobi Returns To The U.S. After Receiving Nevada Trust License

Huobi, one of the most popular cryptocurrency exchanges globally, plans to return to the United States, after a long time outside the United States and ceasing its operations in 2019. According...

Nov 03 2020

Huobi COO Arrested – Huobi Token Plummets Amidst Bizarre Happenings

The times are getting tough for centralized exchanges, after the recent problems at OKEx and KuCoin, this time it's Huobi Global which has bizarre events happening at the exchange. According to sources, Huobi Chief Operating Officer (COO) Mr Zhu Jiawei has been under police investigation for quite some time now, while the Huobi founder Li Lin appears to be missing from the public...

Nov 02 2020

Huobi Dismisses Reports of COO Being Investigated; Token Dips By Over 16% After Controversy

Nov 02 2020 Published at Coingape under tags  china huobi global news

One of the most prominent Singapore-based cryptocurrency exchanges, Huobi has quashed all reports of trouble that alleged that one of its senior executives was reportedly being investigated by Chinese authorities. According to an official post, Huobi Global revealed that the platform was operating normally and went on to affirm that, "We have become aware of The post Huobi Dismisses Reports of COO Being...

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