Big news for crypto today: @HuobiGlobal has announced that it's applying for a crypto trading license in Hong Kong! This is a major step for the major cryptocurrency exchange and a sign of its continued commitment to operating in a compliant and regulated manner.——H.E. Justin Sun

In addition to the licensing news, Huobi is also launching a new exchange in Hong Kong, aptly named Huobi Hong Kong. The exchange will be fully compliant with local regulations and offer a range of trading pairs and services to customers.

The new exchange will focus on providing trading services for institutional investors and high net worth individuals in Hong Kong 🇭🇰. It positions the exchange as a trusted and secure platform for larger investors in Asia who are looking to enter the crypto market.

This is great news for traders and investors who are looking for a trusted and reliable platform to buy, sell, and store digital assets.

With the new license, Huobi will be able to expand its services and offerings to customers in Hong Kong, providing a wider range of crypto trading and investment options.

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