Huob toi Register With FinCEN on the Eve of US Launch

For the first time, Huobi announced plans to open am office in the US in early February
26 March 2018   875

The American branch of the Huobi currency exchange has registered in the US Financial Crimes Network as a "financial services provider", CoinDesk reports.

For the first time, Huobi, the world's largest Chinese site, announced plans to open a representative office in the US in early February.

Subsequently, Li Lin, CEO and founder of Huobi Group, confirmed that the company intends to launch a crypto-exchange platform aimed primarily at American investors and operating separately from Huobi Pro.

The issue is, currently there is no clear regulatory requirement for crypto-to-crypto trading platforms from the U.S. at the federal level. Other platforms like Poloniex also operate in a similar way with registration as a money service business.

Li Lin
CEO and founder, Huobi Group

At the same time, Lee added that the only registration in the US financial department does not solve all the potential difficulties with regulators in the US.

Earlier SBI Holdings, a financial services unit of the Japanese SBI Group, refused to partner with the Chinese currency exchange Huobi, within the framework of which it was planned to open two new trading platforms in Japan - Huobi Japan and SBI Virtual Currency.

Huobi Global to List Dogecoin

Elon Musk's favorite cryptocurrency is now available in pairs with USDT, BTC and ETH
04 April 2019   288

Exchange Huobi Global announced the upcoming listing of Dogecoin cryptocurrency.

Users can already make deposits in the cryptocurrency, as well as trade DOGE / USDT, DOGE / BTC and DOGE / ETH pairs, and withdrawals will be available from 17:00, April 4, 2019 (GMT+8).

Launched on the basis of the Litecoin code at the end of 2013, the Dogecoin cryptocurrency meme now occupies the 22nd place in the list of the largest digital assets of CoinMarketCap with a capitalization of $ 465 million.

Few days ago famous businessman Elon Musk reported on his love to this meme-based token. The Dogecoin community elected him as a CEO of organization.