
, one of the largest cryptocurrency exchanges that was originally founded in , has revealed its plans to open an office in San Francisco. The announcement took place during the Blockchain Connect conference Friday, Jan. 26.
, an event that focused on the cooperation between the US’ and China’s cryptocurrency markets, took place on 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 .
“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 .
In , Huobi announced a partnership with financial conglomerate SBI Group in order to help the latter launch its own cryptocurrency exchange.
Published at Wed, 31 Jan 2018 23:55:03 +0000
Blockchain