The Chinese currency exchange Huobi, which some time ago had a rather significant part of the global trading volume of crypto currency, announced the withdrawal from the industry.
“Leon Li, the Founder of Huobi: Business adjustment of Huobi China after October 31, 2017” https://t.co/3AMDu6AMCL
— Huobi Pro (@HUOBI_Pro) 30 октября 2017 г.
The founder of the exchange, Leon Lee, said that Huobi plans to reformat as a "provider of information and research services in the field of blockchain." The main direction of the company's activities will be directed to the Chinese market.
I believe that this is not only a milestone for Huobi, but also a watershed in the history of Chinese digital assets and even a memorable day in the development of global digital assets. In the past, Huobi brand in China, has been a significant symbol in the industry of digital assets. In the future. Huobi team will continue to actively and globally participate in the development of the industry.
Thus, Tuesday, October 31, will be the last day of Huobi's presence in the Chinese market of crypto-currency trading.
Rumors that the international unit of the exchange called Huobi Pro may soon launch p2p-trading at this stage are not confirmed.