• News
    • Stocks
    • Banks and Finance
    • Companies
    • Crypto
    • Forex
  • Videos
  • Articles
    • Forex CRM
    • Crypto Payments
    • Trading
    • Crypto Exchange Business
    • Forex Business
    • Fintech
    • Liquidity
    • FinTech Awards
  • Liquidity Providers List
  • Crypto Payment Providers

Dark Theme

China’s Biggest Crypto Exchange Picks Singapore as Asia Base

Nov 30, 2021

China’s Biggest Crypto Exchange Picks Singapore as Asia Base

Huobi Group, one of the largest China's cryptocurrency companies, has chosen Singapore as its Asian headquarters while opting for a different place for a new office in Europe, according to Du Jun, co-founder of the company.

As Du stated, the firm has relocated its HQ to Singapore after lately shifting its focus away from its roots in Beijing. Since his return to Huobi a year ago, he has been stationed in the city-state. According to him, the company intends to open a new regional office in either France or the United Kingdom in the next two years.

While Huobi has been conducting exchange operations outside of Singapore for years, the opening of its office in the city-state marks a further break up with its homeland, which prohibited all crypto transactions and services in September.

Southeast Asia is an appealing market, with the number of trade users quadrupling in the last month.

Huobi International Pte., established in Singapore in August, considers Li Lin, another founder of the Chinese business, to be the biggest stakeholder, as the Singapore Accounting and Corporate Regulatory Authority’s data illustrates. The other two shareholders are Atlas Value Ltd. and Zhen Partners Fund I, L.P., as the docs suggest.

Singapore has established itself as a frontrunner in cryptocurrency implementation, attracting both crypto and fintech enterprises, as Ulisse Dellorto, Asia-Pacific managing director of research firm Chainalysis, stated.

Huobi Technology Holdings Ltd., a subsidiary registered in Hong Kong, has also created a different company called Huobi Singapore, which seeks a license from the Monetary Authority of Singapore. Crypto.com, one of the biggest cryptocurrency exchanges, relocated its offices from Hong Kong to the city-state this year.

Huobi, launched in 2013, is the third biggest cryptocurrency exchange platform worldwide, as CoinMarketCap’s statistics show, with a daily transactions volume of USD 560 million.

Subscribe Our Newsletter

Omicron Variant May Mean Stock Market Rally Is On Hold: Goldman Sachs
Omicron Variant May Mean Stock Market Rally Is On Hold: Goldman Sachs

Goldman Sachs predicts that the bull market of 2021 may be put on hold temporarily as investors examine the economic risk posed by the new Omicron form of COVID-19.

Stocks
Us-China Tech War: Shenzhen To Establish International Sourcing Platform For Semiconductors As Global Chip Shortage Persists
Us-China Tech War: Shenzhen To Establish International Sourcing Platform For Semiconductors As Global Chip Shortage Persists

With critical online and physical infrastructure, the authorities want Shenzhen-based enterprises to group with each other and acquire bigger influence when purchasing hardware, electronic parts, and raw materials.

Banks and Finance
Constantine

Hot Wallet vs Cold Wallet: Which Do I Need More for Crypto?
The transition to digital technology has stimulated the development of many new areas of activity.

discover
How to Identify Liquidity?

Liquidity Provider

How to Identify Liquidity?

Let's find out how to identify Forex Liquidity, how to identify the liquidity of cryptocurrencies, and how to pick the best LP.

Liquidity

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries b2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Alexander

    Full Bitcoin Price History: From 2009 to 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-11-300x203.png

    Constantine

    Top 5 Most Reliable KYC Technology Providers

    https://liquidity-provider.com/app/uploads/2023/01/cover-10-300x203.png

    Alexander

    The Best Crypto Wallets of 2022: Top 5 Picks

    https://liquidity-provider.com/app/uploads/2023/01/cover-2-300x203.png

    Alexander

    Top 5 Most Reliable Forex Brokers of 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-1-300x203.png

    Constantine

    5 Top-Tier Breakthrough Trading, Crypto and Fintech Industries Software Solutions in 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-300x203.png

    Constantine

    5 Most Successful FinTech Industry Startups in 2022

    https://liquidity-provider.com/app/uploads/2022/12/cover-300x203.png

    Constantine

    Top 7 Liquidity Providers of 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-3-300x203.png

    Alexander

    Top 5 Crypto Exchanges of 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-1-300x203.png

    Constantine

    Top 5 Most Distinguished White Label Solutions in 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-2-300x203.png

    Constantine

    What is Crypto Leverage Trading And How Does It Work?

    https://liquidity-provider.com/app/uploads/2022/12/oblozhka-5-300x203.png

    Constantine

    Top 5 Most Prospective Tokens in the Metaverse.

    https://liquidity-provider.com/app/uploads/2022/12/cover-7-300x203.png

    Constantine

    How to Mine Bitcoins? – Beginners Guide

    https://liquidity-provider.com/app/uploads/2022/11/cover-5-300x203.png

    Oliver

    Blockchain for Business. Pros & Cons

    https://liquidity-provider.com/app/uploads/2022/11/oblozhka-1-300x203.png

    Constantine

    The Future of Stablecoins and Central Bank Digital Currencies (CBDCs)

    https://liquidity-provider.com/app/uploads/2022/11/cover-3-300x203.png

    Alexander

    What is Web 3.0 and Why Does it Matter?

    https://liquidity-provider.com/app/uploads/2022/11/cover-1-300x203.png

    Constantine

    5 Benefits of Accepting Crypto Payments for Your Business

    https://liquidity-provider.com/app/uploads/2022/11/cover-300x203.png

    Constantine

    Hot Wallet vs Cold Wallet: Which Do I Need More for Crypto?

    https://liquidity-provider.com/app/uploads/2022/11/oblozhka-5-300x203.png

    Alexander

    What is Hedging and How Does it Work in Trading? — Ultimate Guide

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-4-300x203.png

    Oliver

    Pre-execution vs Post-execution: What’s the Difference?

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-1-300x203.png

    Constantine

    What is Slippage in Trading? – Definition

    https://liquidity-provider.com/app/uploads/2022/10/shapka-1-1-300x203.png

    Oliver

    How Forex Brokers Make Money? – A-Book vs. B-Book Model

    https://liquidity-provider.com/app/uploads/2022/10/shapka-2-300x203.png

    Oliver

    What is the Ethereum Merge, And How Will it Change Ethereum?

    https://liquidity-provider.com/app/uploads/2022/10/shapka-1-300x203.png

    Alexander

    How to Spot Cryptocurrency Scams

    https://liquidity-provider.com/app/uploads/2022/10/shapka-300x203.png

    Milena

    Exploring the Metaverse: What Does It Mean for the Future of the Internet?

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-300x203.png
    • News
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
    • Articles
      • Forex CRM
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
    [email protected]

    © 2023 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy