Huobi Partners with SBI Group to Open Crypto Exchange in Japan

[kreslik.news]

After the Chinese government’s ban of the Initial Coin Offerings (ICOs) in the country, the government went further and also successfully banned all the local cryptocurrency exchanges. At the time this was a huge blow to the crypto economy of the country as it was the largest market for the Bitcoin traders.

Now the nomadic Chinese cryptocurrency exchanges are in search of a new home in the familier Asian jurisdiction. Today, Huobi, which was China’s largest cryptocurrency exchange, and Japan’s SBI group has announced a strategic partnership and also revealed that they will set up two new ... (read more)