https://t.co/990JnhnOTg. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets. [Chainlink] Chainlink Bounty Winners: ETHGlobal 2021 MarketMake Hackathon, [OKEx] Beeple NFT sale shocks, CFTC investigates Binance, [OKEx] Negative GBTC premium exposes inherent flaws and need for Bitcoin ETF, [Coinbase] Delays in Completion for Paypal Withdrawals, [OKEx] BTC shrugs off negative industry news, assaults all-time high. It has been reported that for an initial nine-month trial period, the new platform will be able to offer crypto spot and derivatives trading for over a dozen cryptocurrencies including Bitcoin (BTC), Ether (ETH), EOS, and Huobi’s native token. Huobi Labuan, a localized digital asset exchange for the Malaysian market, launched its platform to provide local users with a safe and regulated way to trade cryptocurrencies.The launch of its trading services comes shortly after Huobi Labuan received a digital asset trading brokerage service license from Malaysian authorities, which was granted in September 2020. You can find out more about which cookies we are using or switch them off in settings. Crypto exchange Huobi is now eyeing a share of the Malaysian cryptocurrency market. The new crypto trading platform Huobi Labuan is now entering a nine-month test phase. The new Huobi Labuan is launching trading services in Malaysia shortly after having secured a digital asset trading brokerage service license from their authorities in September 2020. Currently BTC is trading around $ 56,177,…, The next Chainlink Virtual Hackathon kicks off March 15! Crypto exchange Huobi has launched its latest derivative exchange platform in Malaysia. Huobi Labuan said it's been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services. Huobi introduces regulated crypto exchange in Malaysia. Jenis mata uang kripto yang dilayani di Huobi Labuan ini terbilang cukup banyak, yakni sekitar lebih dari selusin. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Huobi Labuan currently supports more than a dozen different assets like BTC, BCH, ETH, ETC, EOS, and HT but will be able to list more assets after the end of the trial operation period. It has been reported by Crews... FalconX, the California-based cryptocurrency exchange, has raised $50 million from Tiger Global and B Capital Group by highlighting once again that digital assets are becoming more mainstream. Despite the recent price drops, crypto exchanges are continuing to grow. How to Earn Passive Income with Xminer Cloud Mining? Huobi Global, Huobi Group's flagship crypto exchange headquartered in Singapore, may have had a rocky fall in 2020 — at least, as circulating FUD and the rumors go. In every article there is always a clear link and attribution to the source publication. None of The Information You Read On Crypto News Point Should Be Regarded As Investment Advice. Huobi found a new home in Malaysia as it continues to increase its influence on pan-Asian cryptocurrency adoption. Huobi Globals seems to be spreading its wings across the world. Following a nine-month-long probationary period, Huobi Labuan would be eligible to receive full approval from the local securities watchdog. Bitcoin shot up in price, hitting new ATH of $60,000, makes…, Retail investors in the United States are now more bullish…, Bitcoin price is trying to prolong the series of consecutive…, Top 9 crypto assets with unbelievable potential in March and…, Binance CEO: CFTC opened an investigation is just FUD but…, Tokyo-based SBI Group will offer its shareholders their…, Actor Terry Crews, Brooklyn 99 TV series star, is launching…, This altcoin could be the most undervalued DeFi token,…, Azcoinnews.com is the ultimate resource for bitcoin and blockchain news, reviews and education “Huobi Labuan’s brokerage license allows the exchange to provide spot and derivatives trading services in Malaysia starting with a nine-month trial operation. Huobi.com is the world-leading Bitcoin trading platform, providing secure and steady digital asset trading services. Cryptocurrency exchange Huobi has announced that its arm Huobi Labuan for the Malaysian market has received a digital asset trading brokerage service license from Malaysian authorities. According to the announcement on Nov.28, Huobi Labuan’s brokerage license allows the exchange to provide spot and derivatives trading services in Malaysia starting with a nine-month trial operation. Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. Huobi Labuan Launches Trading Services In Malaysia. In terms of infrastructure, Huobi Labuan will act as a local operating partner of Huobi Cloud, and therefore use Huobi’s established trading technology for its local digital transaction brokerage services. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Huobi is Not Authorised to Offer Crypto Exchange Services in Malaysia Outside of Labuan by Vincent Fong November 30, 2020 Huobi recently announced that as a “localized digital asset exchange for the Malaysian market” they have launched their service to provide Malaysians a “safe and regulated way to trade cryptocurrencies” after securing a license from “Malaysian authorities”. After PlusToken, is the DeFi crypto fraud project Pangu targeting gullible older women? In November 2020, Huobi launches Huobi Labuan to realize regulated crypto exchange in Malaysia. 359 talking about this. In August 2018, in a reverse takeover, Huobi acquired a 74% stake in Hong Kong electronics manufacturer Pantronics Holdings, becoming listed on the Hong Kong Stock Exchange. Huobi Labuan, a self-described “localized digital asset exchange for the Malaysian market,” has launched a platform “to provide local users with a safe and regulated way to trade cryptocurrencies,” according to a press release from the group. Weibo suddenly banned the official accounts of three…, Twitter reopened accounts for crypto analysts after…, A series of famous Twitter accounts, specializing in…, Coinbase Pro will list Polygon (MATIC), SKALE (SKL) and…, NYDIG Raises $200 Million from Morgan Stanley, Soros…, Big things are happening in the cryptocurrency space in…, Tesla CEO Elon Musk thinks that Coinbase, the largest U.S.…. Huobi Global’s Malaysian branch, Huobi Labuan, has received approval to launch its trading services in Malaysia. Huobi Labuan is a Digital Asset Platform that provides a secure and reliable asset brokerage services to all our users. By signing up, you will receive emails about CryptoNewsPoint products and you agree to our, Actor Terry Crews Launches His Own Social Currency $POWER Via Social Crypto Platform Roll, FalconX Raises $50 Million From Tiger Global And B Capital Group. Her interest lies in blockchain technology and cryptocurrency space. All Rights Reserved, Huobi Labuan is launching trading services in Malaysia, Huobi COO Robin Zhu Was Under Investigation By The Chinese Police, Wu Blockchain Says, China’s Largest Exchange Huobi Is Trying To Acquire Bitflyer And Korea’s Largest Exchange Bithumb, Tesla CEO Elon Musk thinks that Coinbase, the largest U.S. exchange, should enable Dogecoin (DOGE) trading, Bitcoin shot up in price, hitting new ATH of $60,000, makes $ 333 million worth of shorts was liquidated, Retail investors in the United States are now more bullish on Cardano price than Bitcoin. The famous pizza chain Pizza Hut accepts Bitcoin payments at commercial establishments in Venezuela. We are using cookies to give you the best experience on our website. Read this CoinQuora article for more details. Copyright © 2019-2020 cryptonewspoint.com | A news platform by Digital Notice Media Labs | Designed with ❤ by Brndly, By signing up, you will receive emails about CryptoNewsPoint products and you agree to our terms & conditions and privacy policy. If you disable this cookie, we will not be able to save your preferences. Huobi Labuan (https://www.huobilbn.com), a localized digital asset exchange for the Malaysian market, today launched its platform to provide local users with a … If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news. Terry Crews, the actor, who is famous for his prominent character in the Brooklyn 99 TV series, is launching his own social currency, $POWER, through social crypto platform Roll. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. EarnBet is an online decentralized licensed casino platform that addresses the critical beguiling challenges of traditional casino's. In any case, the content of the pages of this website is for your general information and use only. Huobi Global, the Singapore-based crypto exchange of the Huobi Group, has so far had a less than pleasant year 2020, which has recently become even more uncomfortable due to additional Crypto Code rumours about the trading platform. Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. We…, The price of BTC has shrugged off negative industry news, but ETH and altcoins are failing to keep up.…, © 2021 - AZCoin News. Huobi launches another new subsidiary. Should you buy some of these, we may get a portion of the sale. 43 talking about this. “The launch of its trading services comes shortly after Huobi Labuan received a digital asset trading brokerage service […] This means that every time you visit this website you will need to enable or disable cookies again. Its accumulative turnover has exceeded 1.2 trillion USD and once became the world's largest digital asset exchange with a global share of 50%. Malaysia will now be home to popular cryptocurrency exchange Huobi’s latest entity dubbed Huobi Labuan, a regulated platform with a brokerage license that allows it to offer services like crypto spot and derivatives trading for an initial nine-month trial period.. The platform set out to take over the Malaysian market with the launch of Huobi Labuan. EarnBet has been around for about two (2) years but the covid-19 pandemic made alot of gamblers to see the beauty of crypto casino in it's entirety. In March 2018, Huobi announced that it will be launching in the United States. Huobi Global exchange is the second-ranked crypto exchange by daily traded volume, reached over $9,3 billion, according to Coinmarketcap. It is subject to change without notice. Huobi launches regulated crypto exchange in Malaysia However, mining…, Ending weeks of stagnancy, Bitcoin price today shot up at price, hitting new all-time highs of $60,000. Currently, Huobi Group has invested in more than sixty upstream and downstream enterprises. The Labuan, Malaysia-based crypto exchange is just Huobi’s latest in a string of platforms and subsidiaries. It has been reported... None of The Information You Read On Crypto News Point Should Be Regarded As Investment Advice. It was just announced that @HuobiGlobal is expanding into Malaysia for a 9 month project. Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Huobi Labuan is a Digital Asset Platform that provides a secure and reliable asset brokerage services to all our users. Huobi Labuan currently supports more than a dozen different assets like BTC, BCH, ETH, ETC, EOS, and HT but will be able to list more assets after the end of the trial operation period.” The platform is said to provide its users with a safe and regulated way to trade cryptocurrencies. Back in September 2020, it had received the license for digital asset trading brokerage service in Malaysia. This allows it to use Huobi’s trading technology and its digital transaction brokerage services. This is…, In a recent survey by crypto broker Voyager Digital, about 31.9% of investors are bullish on Cardano (ADA) price.…, Bitcoin price is struggling to beat the record highs set in mid-February. Huobi Labuan is a digital asset exchange platform built with Huobi Cloud technology and currently offers trading and investment of more than 100 digital asset pairs including OTC trading, crypto-to … Learn Bitcoin prices on Huobi… According to the announcement on Nov.28, Huobi Labuan’s brokerage license allows the exchange to provide spot and derivatives trading services in Malaysia starting with a nine-month trial operation. Huobi Labuan, the subsidiary of Huobi Global is launching trading services shortly after having secured a digital asset trading brokerage service license from Malaysian authorities in Sept. 2020. However, in terms of infrastructure, Huobi Labuan will act as a local operating partner of Huobi Cloud and use Huobi’s established trading technology for its local digital transaction brokerage services. This website uses cookies so that we can provide you with the best user experience possible. During the nine-month test period after the launch of Huobi Labuan, more than a dozen cryptocurrencies will be available on the platform, including BTC, ETH, EOS and the internal Huobi token. Huobi Labuan sendiri secara resmi diumumkan telah dibuka oleh Huobi Global pada Jumat (27/11/2020) waktu setempat. Labuan is just the latest in a string of licensed Huobi platforms or subsidiaries – the seven-year-old brand has a foothold in Thailand, the United States via strategic partner HBUS, Argentina, and Turkey. The flagship exchange of Huobi Group, however, seems to have finally seen some positive progress, as it announced the launch of a new independent exchange yesterday, November 27th. The new exchange is called Huobi Labuan, and it is targeting the Malaysian … On November 27, Huobi Global, Huobi Group’s flagship crypto exchange headquartered in Singapore, announced the launch of another independent platform licensed to use the Huobi name. Huobi Labuan, a crypto exchange for the Malaysian market was launched on Friday. Huobi Labuan, the subsidiary of Huobi Global is launching trading services shortly after having secured a digital asset trading brokerage service license from Malaysian authorities in Sept. 2020. We in generally gather content from the major websites. The new Huobi Labuan is launching trading services in Malaysia shortly after having secured a digital asset trading brokerage service license from their authorities in September 2020.. Nantinya, Huobi Labuan akan menawarkan perdagangan spot mata uang kripto dan derivatif. The exchange recently acquired a thumbs up from the Malaysian regulators. In September 2020, Huobi received a license from local regulators, allowing the exchange to broker and trade cryptocurrencies in the Malaysian market. The new entity is called Huobi Labuan, and its brokerage license allows it to offer crypto spot and derivatives trading for an initial nine-month trial period. Users can deposit, trade, and withdraw digital assets on Huobi Global. Contact us: contact@azcoinnews.com, Tesla CEO Elon Musk is known to be a big Dogecoin (DOGE) advocate and is also a very talented pump & dump fan.…, Mining cryptocurrencies is one of the best ways to make money in the cryptocurrency industry. Huobi Labuan is a digital asset exchange platform built with Huobi Cloud technology and currently offers trading and investment of more than 100 digital asset pairs including OTC trading, crypto-to … Report: Morgan Stanley Is The Latest Major Financial Institution To Consider An Investment In Bitcoin. “Huobi Labuan’s brokerage license allows the exchange to provide spot and derivatives trading services in Malaysia starting with a nine-month trial operation. Thus, the report said that Huobi has continued to expand its offerings by engaging with the DeFi space and decentralized internet projects such as Filecoin. She loves writing about blockchain and other blockchain-related articles. LONDON, Nov. 27, 2020 /PRNewswire/ — Huobi Labuan (https://www.huobilbn.com), a localized digital asset exchange for the Malaysian market, today launched its platform to provide local users with a safe and regulated way to trade cryptocurrencies. Sign up today to compete for $125k+ in prizes.The…, After a Beeple digital art auction drew headlines, reports emerged that Binance is under investigation by U.S.…, The GBTC price premium turning negative has attracted a lot of attention and exposes the need for a Bitcoin ETF.…, Mar 12, 09:31 PSTInvestigating - We're investigating delays when certain customers make withdrawals with Paypal. Huobi Steers Towards Malaysia. The launch of its trading services comes shortly after Huobi Labuan received a digital asset trading brokerage service license from Malaysian […] The launch of such trading services comes shortly after Huobi Labuan received a digital asset trading brokerage service license from Malaysian authorities in September 2020. Huobi Labuan will act as a local operating partner of Huobi Cloud. In September, the exchange was granted its digital asset trading brokerage service license from “Malaysian authorities” for a nine-month trial operation. Cryptocurrencies Are Highly Volatile, Conduct Your Own Research Before Making Any Investment Decisions. Huobi’s newest entity is called Huobi Labuan, which shares its name with a small island off of Malaysia’s North coast of Borneo. Huobi customers in Malaysia will be able to make transactions in Bitcoin, Ethereum, EOS alongside over a dozen cryptocurrencies including Huobi… Huobi launches new crypto exchange in Malaysia. Since its establishment in 2013, Huobi Group has been financed by ZhenFund and Sequoia Capital. Bitcoin price is trying to prolong the series of consecutive rising days, is it ready to make a new high?