Huobi Receives Green Light to Operate in the Virgin Islands

Reading Time: < 1 minute

The British Virgin Islands Financial Services Commission has granted Huobi Group a license to operate a virtual asset trading platform.

The exchange will now operate in the jurisdiction through a subsidiary, Brtuomi Worldwide Limited, which intends to offer clients a range of services, including spot trading in Bitcoin and Ethereum, derivatives, and other investment instruments.

The company CFO Lily Zhang has said:

“In the future, we will work closely with the British Virgin Islands regulators to develop a set of licensed trading products and services and help grow the cryptocurrency industry in the territory.”

If you like our content and want to support us, please follow us on Twitter, Facebook and Instagram and don’t miss the latest news!