Huobi crypto exchange wins licenses in Dubai and New Zealand as Thai affiliate closes

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Huobi crypto exchange wins licenses in Dubai and New Zealand as Thai affiliate closes
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Huobi Thailand’s trading volumes accounted for a “relatively small and insignificant part” of Huobi’s business as a whole, Huobi Group CFO Lily Zhang told Cointelegraph.

Major cryptocurrency trading platform Huobi continues expanding its global presence by securing new licenses in New Zealand and the United Arab Emirates.

Huobi also plans to receive a Virtual Asset MVP License from Dubai’s Virtual Assets Regulatory Authority , allowing the company to offer a full range of cryptocurrency exchange products and services, Zhang noted, stating: Apart from pushing its presence in the UAE, Huobi has also received registration on New Zealand's Financial Services Provider Register to offer its crypto trading services in the country.

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