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.
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Are Chinese legal troubles are interfering with acquisitions by Huobi Group and its founder Leon Li (Photo: Huobi Group)Is China’s top crypto exchange Huobi looking to acquire South Korea’s and Japan’s top exchanges?
A reporter suggests that Huobi is willing to acquire Japan’s largest exchange Bitflyer and Korea’s largest exchange Bithumb, but an investigation has put the deals on hold
The acquisition of the two competitors would make Huobi one of the most powerful firms in crypto, considering that according to CoinMarketCap data Huobi is already the second most liquid cryptocurrency spot exchange. Bitflyer, on the other hand, is the seventh, and Bithumb the fifth.
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A quarter of crypto traders invest more than 30% of their income in cryptocurrencies (Photo: Pixabay/Pete Linforth)Most crypto traders invest only in crypto: Survey
Cryptocurrencies are the primary investment instrument of crypto retail traders, who are comfortable with volatility
only one-third of retail crypto traders invest in stocks and just 8% of them hold fixed income products like bonds. Furthermore, just about a quarter of the polled crypto investors has invested in other assets such as real estate, investment funds and forex. The research concludes that “Cryptocurrencies are the predominant asset class for this investor segment.”
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Decentralized exchanges have a liquidity problem. Is this the answer?
The Vega protocol is proposing a mechanism that incentivizes market makers—but only when liquidity is undersupplied
Vega’s proposal involves setting up a mechanism that increases incentives for market makers when liquidity is undersupplied, and decreases when there is sufficient liquidity—that is, the ability to execute buy and sell orders quickly.
