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.
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All exchanges have to register on with that regulatory body before offering services to local users, the statement said.
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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.
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