Huobi, one of the largest cryptocurrency exchanges that was originally founded in China, has revealed its plans to open an office in San Francisco. The announcement took place during the Blockchain Connect conference Friday, Jan. 26.
Blockchain Connect, an event that focused on the cooperation between the US’ and China’s cryptocurrency markets, took place on Friday, Jan. 26 in San Francisco.
The Huobi exchange was one of the presenters at the conference, during which they have announced their intention to start doing business in the United States. The company’s new office is already under construction in the Silicon Valley.
“The U.S. will be our focus right now,” said Huobi’s Chief Strategy Officer Cai Kailong.
Founded in 2013, Huobi Group provides exchange services in Singapore, Hong Kong, South Korea, Japan and other countries. The company was forced to leave China, its original jurisdiction, after local regulators demanded all cryptocurrency exchanges to close in September 2017.
In December 2017, Huobi announced a partnership with Japan’s financial conglomerate SBI Group in order to help the latter launch its own cryptocurrency exchange.
source: https://cointelegraph.com/news/formerly-top-cryptocurrency-exchange-huobi-to-open-office-in-us
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://cointelegraph.com/news/formerly-top-cryptocurrency-exchange-huobi-to-open-office-in-us
Congratulations @smartlogic! You have received a personal award!
Click on the badge to view your Board of Honor.
Congratulations @smartlogic! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!