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3232Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’
https://www.digit.info/lawyer-accuses-huobi-of-operating-a-cryptocurrency-exchange-thats-held-accountable-nowhere/
Sun, 23 Jan 2022 14:49:38 +0000https://www.digit.info/2022/01/23/lawyer-accuses-huobi-of-operating-a-cryptocurrency-exchange-thats-held-accountable-nowhere/Read more]]>Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer Jonathan Levy has accused Huobi cryptocurrency exchange of running a decentralized global operation […]
]]>Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing
https://www.digit.info/huobi-stablecoin-issuer-publishes-attestation-reports-tied-to-husd-reserve-backing/
Fri, 06 Aug 2021 09:30:07 +0000https://www.digit.info/2021/08/06/huobi-stablecoin-issuer-publishes-attestation-reports-tied-to-husd-reserve-backing/Read more]]>The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with USD. HUSD Monthly Attestations On Thursday, more than $117 billion […]
]]>Huobi Prohibits Chinese Residents From Leveraging Cryptocurrency Derivatives
https://www.digit.info/huobi-prohibits-chinese-residents-from-leveraging-cryptocurrency-derivatives/
Mon, 28 Jun 2021 18:00:53 +0000https://www.digit.info/2021/06/28/huobi-prohibits-chinese-residents-from-leveraging-cryptocurrency-derivatives/Read more]]>The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as prohibited and residents from the country are forbidden to use Huobi’s service. Chinese Citizens Are Now Banned From Huobi’s Crypto Derivatives Products The digital currency […]
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer Jonathan Levy has accused Huobi cryptocurrency exchange of running a decentralized global operation […]
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with USD. HUSD Monthly Attestations On Thursday, more than $117 billion […]
The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as prohibited and residents from the country are forbidden to use Huobi’s service. Chinese Citizens Are Now Banned From Huobi’s Crypto Derivatives Products The digital currency […]