by In the US, is preparing to open the partner exchange Huobi
One of the largest cryptocurrency exchanges, Huobi, is preparing to open an affiliate trading platform in the US market. HBUS begins accepting registration applications this Friday and plans to launch trading on July 10.
HBUS will support cryptocurrency-cryptocurrency trading with Bitcoin, Ethereum and other digital assets.
“Trading in pairs with the dollar requires complex licensing and cooperation with US financial regulators and organizations. At the current stage, we do not provide services for the exchange of fiat for cryptocurrencies and cannot give any predictions, “the exchange explains on its website..
HBUS Claims It Is “A Strategic Partner Of The US Huobi Exchange” And Not A Subdivision.
“HBUS is not a subsidiary, subsidiary, division, or any other type of Huobi affiliate. HBUS also cannot be called Huobi US or anything similar, “the company explains..
HBUS follows federal anti-money laundering and terrorist financing requirements and is registered as a financial services business with the Financial Crime Network (FinCEN). All users of the exchange will undergo mandatory identification.
HBUS is also overseen by the Foreign Assets Regulatory Authority, which monitors financial institutions’ compliance with US sanctions, such as those imposed on the Venezuelan cryptocurrency Petro..
HBUS is headquartered in San Francisco. Several other large cryptocurrency companies are also registered there, including the American exchange Coinbase..
Huobi launched another exchange in Australia this week. HuobiAU supports trading Bitcoin, Ethereum, Litecoin, Ethereum Classic, Bitcoin Cash, and several other cryptocurrencies in pairs to the Australian dollar.
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