• Huobi not regulated Seychelles
    Cryptocurrencies,  Regulation

    Where in the world is Huobi?

    The Seychelles financial regulator warned that a company that ‘appears to be affiliated’ with crypto exchange Huobi Global is not licensed in its jurisdiction

    The regulator then said it “hereby informs the public that the aforementioned IBC does not hold any license issued by the FSA to undertake such type of activity” and “is not being regulated by the FSA nor has it been in the past.”

  • Huobi founder Du Jun returns
    People,  Regulation

    Crypto exchange Huobi’s co-founder returns

    Du Jun highlighted legal compliance and customer funds security as areas he will focus on after three years building other businesses

    In his return’s announcement, Jun highlights the importance of regulatory compliance for Huobi, pointing out that the exchange and some of its subsidiaries obtained licenses from both Gibraltar and Hong Kong’s Securities and Futures Commission, among others. The company is also applying for a Hong Kong Virtual Exchange Compliance License and Singapore PSA License.