Huobi Wins Over Europe

April 24, 2018

Singapore-based crypto exchange Huobi has shared its plans to open its branch in London. The company’s team has visited the capital of the United Kingdom to launch the second stage of the Huobi Knights campaign and present four new projects.

To date Huobi is the world’s fourth most popular cryptocurrency exchange. Headquartered in China the platform began its global expansion in January this year having opened its office in San Francisco. A month later the company also came to South Korea.

Despite all the would-be problems the country may face after Brexit, London still remains the world financial center that enables unlimited opportunities for establishing valuable business contacts and political leverages.

“Not Malta, not Switzerland. Absolutely London, more precisely Britain, is the entry point for the European market for us”, Vice President of Huobi Group Peng Hu noted.

Britain plans adopting a law on digital currency regulation soon, but for now the country’s authorities have just started studying crypto industry. Chern Chung, Huobi’s senior business development manager in Europe, stressed, the exchange is ready to comply with local regulations where relevant and added, Huobi aims to become mainstream platform.

Remember that Binance and OKex have claimed quite recently they plan to move to Malta.

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