Huobi US to Cease Operations After Underwhelming Year

HBUS, the US-focused partner exchange of Huobi, will cease operations on December 15 after less than 18 months in business amidst strong competition among crypto exchanges in the US. HBUS has said it is no longer accepting deposits and while all other services will cease on December 15, customers have until January 31 to withdraw their remaining assets. The announcement comes just a month after Huobi announced that it will freeze all US accounts on its main Singapore-based exchange and push them to HBUS in order to be regulatory compliant. A blog post from … Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Huobi

HBUS, the US-focused partner exchange of Huobi, will cease operations on December 15 after less than 18 months in business amidst strong competition among crypto exchanges in the US.

HBUS has said it is no longer accepting deposits and while all other services will cease on December 15, customers have until January 31 to withdraw their remaining assets. The announcement comes just a month after Huobi announced that it will freeze all US accounts on its main Singapore-based exchange and push them to HBUS in order to be regulatory compliant.

A blog post from …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

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