Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: felixesteban on May 06, 2018, 01:21:40 AM
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Major cryptocurrency exchange Huobi will expand its operations into Canada and open a new office in Toronto, providing it with another foothold in the North American market.
The Singapore-based firm made the announcement on Friday, noting that peer-to-peer cryptocurrency trading has surged in the country despite hostility from domestic banks.
“Canada is emerging as a leading blockchain nation, and Toronto is set to become one of the next most active blockchain hubs across North America. Entering the Canadian market will help support Huobi to become the leader in blockchain and cryptocurrency innovation,” said Ross Zhang, general manager of Huobi Canada.
“We look forward to working with regulatory bodies to help the blockchain asset market become more credible so that mass adoption can come sooner,” Zhang added. “Establishing Huobi’s first Canadian offices in Toronto is a continued effort to help the blockchain industry become more credible so that mass adoption can come sooner.”
At present, Huobi ranks as the world’s third-largest cryptocurrency exchange, with a daily volume of approximately $1.7 billion across 208 markets, according to data from CoinMarketCap
https://www.ccn.com/crypto-exchange-huobi-to-expand-into-canada/