Fireblocks officially launches Huobi HK to support Hong Kong in building a Web3 hub
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Fireblocks officially launches Huobi HK to support Hong Kong in building a Web3 hub
Huobi's official Twitter announced the official launch of Huobi Hong Kong (Huobi HK), which is now ready to provide users with cryptocurrency trading services.
Navigating Web3 tides with focused insightsOn May 26, Huobi's official Twitter announced the official launch of Huobi HK. Huobi stated it is now ready to provide users with cryptocurrency trading services. The launch of Huobi HK marks a significant step toward advancing Hong Kong as a global Web3 hub.
Starting June 1, users will be able to buy, sell, and hold major cryptocurrencies such as BTC and ETH, along with other key digital assets listed in independent indices, via Huobi HK. Huobi is committed to delivering an exceptional trading experience for Web3 users in Hong Kong.
Since last year, Hong Kong has successively introduced multiple crypto-friendly policies and unveiled its "Crypto New Policies." Recently, the Securities and Futures Commission (SFC) of Hong Kong announced that virtual asset regulations will take effect on June 1, allowing retail investors to trade virtual assets on licensed platforms as early as the second half of this year.
As a cryptocurrency exchange platform with a decade-long history, Huobi is actively participating in the development of Hong Kong’s Web3 ecosystem. During this year’s Hong Kong Web3 Festival, Huobi was a major contributor to Hong Kong’s first Web3 ecosystem fund. In addition, Huobi is actively preparing to apply for a Hong Kong cryptocurrency trading license. With compliant and regulated operations, Huobi aims to enter the Hong Kong market and accelerate the growth of Hong Kong’s Web3 industry.
A relevant spokesperson from Huobi said, “Hong Kong’s regulation of Web3 helps enhance the global scalability of cryptocurrency applications. Huobi will continue collaborating with Hong Kong regulators to support the city’s development into a vibrant Web3 hub.”
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