BANGKOK (Bloomberg): Huobi Technology Holdings Ltd, a Hong Kong-listed operator of a cryptocurrency platform, will shut its unit in Thailand after the local regulator revoked its licence.
(June 16): Huobi Technology Holdings Ltd., a Hong Kong-listed operator of a cryptocurrency platform, will shut its unit in Thailand after the local regulator revoked its license. The local platform will be shut “permanently” from July 1, according to a Huobi Thailand Co. statement on its website. Huobi Thailand will no longer have any connections nor legal bindings with Huobi Group after the closure, the statement said. Services the platform had provided included trading of an array of digital assets such as Bitcoin and Ether.