Huobi Plugs Into EU’s SEPA and UK Faster Payments Systems With Banxa Integration
Seychelles-based crypto exchange Huobi has integrated fiat-to-crypto payment service Banxa to its trading platform with zero fees, the firm announced Wednesday.
Huobi said Monday the rumors alleging one of its senior executives had been arrested were false.
Alex Pack from DragonFly will Join Huobi to help invest "tens of millions of dollars" in decentralized finance.
The Chinese government cracks down on the crypto exchanges (again), but Binance has been benefiting.
The exchange is making it simpler to pay for cryptocurrency with Visa and Mastercard with a direct service through a regulated subsidiary.
Huobi, one of OKEx’s biggest competitors, ensured its users that its platform is “currently operating normally,” after OKEx announced that it has suspended all cryptocurrency withdrawals indefinitely.
Cryptocurrency exchange Huobi is taking aim at competitor OKEx in the business of trading bitcoin futures and other derivatives contracts, opening up a new front in a longstanding rivalry that has historically focused on the lucrative Chinese market.