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Chinese cryptocurrency exchange Huobi plans to re-enter U.S. market, but with asset management focus

February 22, 2022
Source: echonewsng.com echonewsng.com
News Snapshot:
Chinese cryptocurrency exchange Huobi plans to re-enter U.S. market, but with asset management focus Chinese cryptocurrency exchange Huobi is planning to re-enter the U.S. market more than two years after it ceased operations to comply with regulations, one of the company’s co-founders told CNBC. But the company might not launch an exchange and instead could focus on other areas such as asset management, after missteps last time around, according to Du Jun. “In 2018, we tried to enter the U.S. market but we quickly withdrew ourselves because we didn’t have a strong commitment to the market at that time and...
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