"Huobi's Grand Hong Kong Debut: Introducing Huobi HK!"

[Coinpedia Fintech News]

Huobi has made a significant move by launching its cryptocurrency services in Hong Kong, leveraging the city's new regulations designed to protect investors and promote innovation in the crypto industry.

This development has sparked interest from major players like BTSE, JPEX, and OKX, who also plan to pursue licencing. With an impressive trading volume of $12.7 billion this month alone, Huobi aims to establish itself as a leading exchange alongside renowned platforms such as Binance, Coinbase, and OKX.

[TomPluz]

Indeed, this is a very exciting development all because we know that the Hong Kong market is a gateway to a much bigger Chinese market which am sure still so interested with cryptocurrency despite the official ban from the government. I am sure that more and more big names in the industry can be thinking of coming to Hong Kong to have a slice of the market available.