Huobi Expands Exchange Operations to New Zealand
The move into New Zealand marks the latest step in the exchange's growth efforts.
Jun 17, 2022 at 12:35 p.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2F6KI3OI45DZ5CUZC4RPJMZCA4.jpg)
New Zealand (Dan Freeman/ Unsplash)
Global crypto exchange Huobi can now offer its services in New Zealand after registering with that country's financial services provider register, according to an emailed statement on Friday.
- All exchanges have to register with the New Zealand Companies Office before offering services to local users, the statement said.
- Singapore-based Huobi has continued to expand its global footprint of late, most recently acquiring Latin American crypto exchange Bitex to boost its presence in that region. The company is also planning to return to the U.S.
UPDATE (June 17, 2022, 12:53 UTC): Adds the New Zealand Companies Office.
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