Crypto Exchange Huobi Reportedly Wants to Buy Bithumb

[Galaxy]

Huobi can boost its Korean operations with a takeover of Bithumb, which is currently facing several lawsuits. But it may not be a straightforward deal. Crypto exchange Huobi is reportedly looking to takeover Bithumb, Korea’s largest crypto exchange, as per a report by local news outlet The Bell. The move is said to be a path for Huobi to gain users in Korea without having to obtain the country’s strict licenses for crypto businesses for its main exchange.
Info link: https://decrypt.co/48516/crypto-exchange-huobi-reportedly-wants-to-buy-bithumb

[Altcoin1998$]

Huobi can boost its Korean operations with a takeover of Bithumb, which is currently facing several lawsuits. But it may not be a straightforward deal. Crypto exchange Huobi is reportedly looking to takeover Bithumb, Korea’s largest crypto exchange, as per a report by local news outlet The Bell. The move is said to be a path for Huobi to gain users in Korea without having to obtain the country’s strict licenses for crypto businesses for its main exchange.
Info link: https://decrypt.co/48516/crypto-exchange-huobi-reportedly-wants-to-buy-bithumb

Bithumb and Houbi Global crypto exchange both very much popular and important exchange. But some technical issue can hamper the crypto exchange very hardly. As example of Kucoin hacked which frausterd the investors and traders acutely.