The withdrawal is a dramatic retreat for the world’s fifth-largest crypto exchange, which had hoped to win customers in Hong Kong after exiting the mainland market.
Hong Kong-based Sinohope, formerly Huobi Technology, saw losses expand 40 per cent in the first nine months of 2023, blaming plummeting digital asset prices.
The Financial Intelligence Unit-India (FIU-IND) has asked the Indian government to block access to nine overseas cryptocurrency exchanges. | Latest News India