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Tag Archives: HuoBi

Name Change Imminent for Hong Kong-Listed Huobi Company

Sep 22, 2022

All is set for the change of name of one-time China’s flagship cryptocurrency exchange, Huobi. Per a report from renowned crypto and fintech Chinese journalist Colin Wu, the company is set to change its name to New Huo Technology Company Limited. They will precede a general meeting of ...

China’s Once-Largest Exchange in Talks to Sell Majority Stake

Aug 15, 2022

Olusegun Ogundeji

The founder of China’s Huobi Group, which runs one of the world’s largest cryptocurrency exchanges, is reportedly in talks with investors to sell his almost 60% stake in the trading platform. Leon Li selling his majority stake in the crypto exchange could be the industry’s largest takeo...

Major Exchanges Wrap up Efforts to Retire Chinese Users

Dec 26, 2021

Olusegun Ogundeji

China’s top exchanges Huobi Global and MEXC Global have taken additional steps to ensure their respective users in mainland China conform to new crypto regulations and vacate their respective platforms.  Like many others, the move by the two key exchanges - Huobi which is the  larg...

Huobi Leaves China Without Any Intention to Return

Oct 7, 2021

China’s largest cryptocurrency exchange, Huobi, has finally given up on finding ways of retaining operations in the country. This decision was made known by the company’s co-founder, Du Jun who clarified that after several attempts, Huobi has given up on negotiations with regulators on the s...