Central Banks of China, UAE Join Blockchain-Based CBDC Payments Project
The project will explore the capabilities of a DLT-based central bank digital currency in regional payments.
China has been quietly testing platforms where the digital yuan can be freely traded with other fiat currencies.
The launch of live trading comes after the exchange was granted Securities and Futures Commission licenses last August.
The publicly traded app developer has now spent $100 million on bitcoin and ether.
Cayman Islands-incorporated Meitu said it bought 15,000 ETH and 379.1 BTC in open market transactions on March 5.
The new license allows Huobi to advise on and manage securities investments.