Huobi Group Secures Money Services Business Registration in the United States
New York, NY
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May 06, 2022 10:00 AM Eastern Daylight Time
Huobi Group, a world-leading blockchain company, has received approval to operate as a Money Services Business (MSB) in the United States, paving the way for its future plans in North America.
The news was announced in a Twitter post on May 6 by Huobi Group co-founder Du Jun, who wrote: “Proud to announce that Huobi has received approval from FinCEN to operate as a Money Services Business (MSB) in the United States. Stay tuned for what’s next!”
The MSB registration is under HBCoin Limited, a Delaware-based entity of Huobi Group. Administered by the Financial Crimes Enforcement Network (FinCEN) under the U.S. Department of Treasury, the MSB registration enables Huobi to operate as a dealer in foreign exchange and money transmitter in all of the states and territories within the United States. Individual states may however require additional approval processes for the provision of certain cryptocurrency-related services.
Huobi Group was founded in 2013 and currently operates across more than 20 markets in the world.
About Huobi Group
As a world-leading company in the blockchain industry, Huobi Group was founded in 2013 with a mission to make breakthroughs in core blockchain technology and integration blockchain technology with other industries. Huobi Group has expanded into public blockchains, digital assets trading, wallets, mining pools, proprietary investments, incubation, digital asset research, and more. Huobi Group has established a global digital economy industry ecosystem by investing in over 60 upstream and downstream companies in the blockchain industry.
Contact Details
Huobi Group
Ker Zheng
+86 139 2280 3249
