Huobi to shut Thailand crypto unit as regulator revokes licence


huobi

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.

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.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Indochina enters 2025 with enthusiasm: Feng shui master predicts a choppy year
Brunei Sultan stresses focus on economic growth, peace, and unity
Carlos Yulo’s double Olympics gold highlights Philippine sports’ greatest year
President extends New Year greetings to Lao citizens, international friends
Anti-corruption panel arrests two suspects in Lombok tsunami shelter graft case
‘Stripe Shirt Bro’ known for staring at China car show models lands in Brunei
Cambodia greets 2025 with grand parade, cultural show, fireworks
Vietnam university students turn Macapuno into milk beverage
Fahmi Reza released on police bail, returns to KL
South Korea crash investigation ramps up as funeral procedures begin

Others Also Read