Huobi Group, one of the world’s leading digital asset service providers, has completed its registration as a digital currency exchange provider with the Australian Transaction Reporting and Analysis Center (AUSTRAC). This marks the first step in the company’s efforts to offer digital currency exchange services in the country. It is also the latest compliance step in Huobi Group’s global expansion.
In accordance with relevant AUSTRAC regulations, Huobi Global may provide the following services upon successful registration: Money (Australian or Foreign Currency) for Digital Currency, Digital Currency for Money (Australian or Foreign Currency). Huobi Global mainly plans to provide OTC services after receiving registration status this time.
Lily Zhang, Chief Financial Officer of Huobi Group, said, “We have always made security and compliance our top priorities, as we believe that only under this principle can we grow alongside of the industry to provide professional and secure services to our users.
As one of the first digital asset exchanges to offer cryptocurrency trading globally, Huobi Group has been working for consistent growth since 2017. As of today, Huobi Group is licensed for various crypto-related services -currency in a number of countries and regions, including South Korea. , Japan and Gibraltar.
Just a week ago, Huobi Group was granted provisional MVP approval by the Dubai Virtual Assets Regulatory Authority (VARA) as it applies for a license, in line with VARA requirements. The license will allow Huobi Investment FZE, the UAE-based entity of Huobi, to offer a full range of virtual asset exchange products and services, within the parameters defined by the specialized “test-adapt” model. -scale” from VARA.
At the end of June, the Huobi Group received the DIFC license for innovative technology companies in Dubai. In the same month, it was registered with the New Zealand Financial Services Providers Register (FSPR), which allows it to operate a regulated foreign exchange service, money or value transfer services and OTC crypto trading in the country.
“We are delighted to see the growing number of licenses and registrations we have received globally, which demonstrates our commitment to consistent growth. We aim to maintain this momentum to drive our global expansion,” Zhang added.
About Huobi Group
Founded in 2013, Huobi Group is one of the world’s leading digital asset service providers, with tens of millions of users across five continents and 160 countries and regions. We are committed to building financial freedom and creating new global wealth, having led the cryptocurrency industry in spot, derivatives and bitcoin transactions for many years. Our infrastructure, operations and offerings are built on processes and standards that prioritize user safety and industry compliance, backed by strong global customer support backed by local expertise. It offers a unique trading environment that is truly customer-focused, safe and sustainable for all users, enabling their long-term success. For more information, visit www.huobi.com
Huobi Public Relations Team
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