Huobi explained its position on the SegWit2x

Big Chinese cryptocurrencies exchange released official statement regarding the upcmoming hardfork
20 October 2017   1572

The Chinese cryptocurrency exchange Huobi Pro will add support for tokens, which may appear in mid-November as a result of the SegWit2x hardfork. This is reported on the official site of the trading platform.

Huobi Pro does not have the right to and chooses not to pick any coins deriving from bitcoin Segwit2x hark fork on behalf of our users. Therefore, Huobi Pro will support all coins deriving from bitcoin Segwit2x hard fork and our users have the options to choose which coins to trade. 
 

Huobi Official Announcement

Thus, users of the exchange will be able to choose which assets they want to trade. Representatives of the trading platform reported that for security purposes, the input and output of funds will be frozen for up to three days.

In addition, on October 19, Huobi added BT1 / BTC and BT2 / BTC futures. In the case of a successful hardfork, Huobi plans to rename the tokens of the new chain and add these tokens to the users in the ratio 1: 1. Then the exchange will start trading paired with BTC, and the new tokens also being traded paired with bitcoin. In case of a failure of the hardfork, Huobi will stop trading futures BT1 and BT2.

Huobi to Launch Argentinian Branch

Argentina is undergoing the financial crisis right now and head of the new branch believes there's a consensus been reached on the rejection of local currency
18 September 2019   315

Huobi Group has continued to expand its network of local cryptocurrency exchanges based on the Huobi Cloud platform, launching a trading platform in Argentina.

Huobi Argentina plans to create a local team and fiat gateway to trade or convert Argentine pesos into cryptocurrencies, the company said in a statement.

The payment channel will be launched by mid-October. It is assumed that users of Huobi Argentina will be able to make deposits using bank cards, transfers and through the most common digital payment systems in the region. Currently, you can purchase cryptocurrencies for pesos through the Huobi OTC service.

The opening of the Huobi cryptocurrency exchange in Argentina came at a time when the economy of this second largest country in Latin America was in a deep crisis. This year alone, inflation reached 55%, and President Mauricio Macri recently introduced new restrictions on access to foreign currencies.

According to Carlos Banfi, head of Huobi Argentina, a consensus has already been reached in Argentina on the rejection of local currency and banking services.

The increasing demand for crypto-related products and services makes Argentina a perfect entry point for Huobi to pursue larger projects in promoting cryptocurrency and blockchain to the market. With the launch of Huobi Argentina, we will be able to first offer local user the opportunity to trade with Huobi’s proven security, liquidity, and stability.
 

David Chen
Senior Business Director, Huobi Cloud

Earlier, the Huobi Group announced plans to expand its operations in emerging markets and open 150 sites under the Huobi Cloud program. Since the launch of Huobi Cloud in 2018, more than 120 trading platforms have been created on its basis, including in Thailand, Turkey, Indonesia and Russia.