Huobi Resumes Trading in Japan as FSA-Licensed Exchange
Cointelegraph
Published Jan 17, 2019 12:34PM ET
Updated Jan 17, 2019 01:21PM ET
Huobi Resumes Trading in Japan as FSA-Licensed Exchange
Cryptocurrency exchange Huobi — currently the world’s 7th largest by daily traded volume — has relaunched as a fully licensed platform in Japan after merging with BitTrade. The news was announced in a press release published Jan. 17.
As reported, Huobi Global's wholly owned subsidiary, Huobi Japan Holding Ltd, acquired a majority stake in BitTrade last September. At the time, BitTrade was one of only 16 crypto exchanges in the country to have secured a license from national financial regulator, the Financial Services Agency (FSA).
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Written By: Cointelegraph
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