Huobi received a license of the https://gagarin.news/ru/news/the-japanese-government-will-review-the-foreign-exchange-law-to-close-backdoors-for-sanctions-evasion/ Virgin Islands regulator

Huobi Group has received a license to manage a platform for trading virtual assets from the financial services commission of the British Virgin Islands.

🔥#Huobi Group has received approval to operate a licensed virtual assets exchange in the British Virgin Islands, making us the first to operate an #institutional-grade virtual assets trading platform in the territory. https: // t.CO/00SVDQovCV Pic.Twitter.COM/SMI51I1UQM

– Huobi (@huobiglobal) September 9, 2022

The exchange will work in jurisdiction through the subsidiary Brtuomi Worldwide Limited. The latter plans to offer customers a number of services, including Bitcoin and Ethereum, derivatives, as well as other investment tools.

“In the future, we will closely cooperate with the regulatory authorities of the British Virgin Islands to develop a set of licensed trade products and services and promote the growth of the cryptocurrency industry in the territory,” said Lily Zhang CFO company.

Recall that in August the “daughter” Huobi – Hbit Technologies – received permission to provide financial services in Canada.

Approval to the work of the exchange was also issued by the authorities of New Zealand and Dubai.

Since November 2021, one of the subsidiaries of Huobi has been the holder of a license for the expenditure trading of cryptocurrencies in Gibraltar.

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