Sun Yuchen: Huobi plans to establish a new office in Hong Kong

2023-04-26 17:50:23

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ChainCatcher news, according to Jin10 reports, cryptocurrency exchange Huobi announced earlier that it has applied for a cryptocurrency trading license in Hong Kong. Huobi advisor and TRON founder Justin Sun stated that Huobi plans to establish a new office in Hong Kong.

Justin Sun expressed confidence that Hong Kong will become one of the most important cryptocurrency centers in the future, and he plans to spend half of his time in Hong Kong. He mentioned that in the past few months, Huobi's business has improved, growing by 15%, and there are significant plans to revitalize the exchange's token HT. The token has dropped about 29% so far this year.

Additionally, Justin Sun revealed that his legal team is handling the U.S. Securities and Exchange Commission's allegations regarding violations of securities regulations, and he expects the lawsuit to be resolved after some time. (Source link)

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