Huobi, a
major crypto exchange founded in China, has revealed its plans to obtain
regulatory approval in Hong Kong to provide digital asset trading services
in the Chinese special administrative region. The decision came just a day
after the local Securities and Futures Commission (SFC) announced it is
considering changes in its current regulation allowing retail traders to trade
crypto in the region.
Huobi Wants to Open Huobi
Hong Kong Crypto Exchange
As reported
by Finance Magnates on Monday,
starting from 1 June 2023, any centralized virtual asset trading platform