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Crypto exchange Huobi is migrating its spot trading business from Seychelles to Gibraltar

Crypto exchange Huobi is migrating its spot trading business from Seychelles to Gibraltar

Cryptocurrency exchange Huobi announced Monday that it has received approval from the Gibraltar Financial Services Commission (GFSC) to migrate its spot trading business to the British overseas territory. Huobi currently operates its spot trading business from Seychelles through a “registered but unregulated entity,” Jeff Mei, director of global strategy at Huobi Group, told The Block. […]

The post Crypto exchange Huobi is migrating its spot trading business from Seychelles to Gibraltar appeared first on The Block.

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Crypto Exchange Huobi Global to Move Spot Trading Services to Gibraltar

Huobi Gibraltar has received a license from the local regulator.

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Banking Industry Likely to Capitalize on Stablecoin Deposit Demand, Says Morgan Stanley

The stablecoin market cap has grown to $137.7 billion from $20 billion a year ago.

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Nigeria’s central bank freezes accounts of suspected crypto traders

The CBN has moved to freeze accounts belonging to two individuals and one company for allegedly engaging in crypto trading activities.

The post Nigeria’s central bank freezes accounts of suspected crypto traders appeared first on The Block.

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Colleen Sullivan quits Argo after three months on the board

Colleen Sullivan, former CEO of crypto trading firm CMT Digital, has resigned as a non-executive director of Argo Blockchain.

The post Colleen Sullivan quits Argo after three months on the board appeared first on The Block.

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Solana Labs CEO: ‘Part of our culture is to eat glass’

Solana Labs CEO Anatoly Yakovenko said that Solana’s biggest challenge was getting people to run the network.

The post Solana Labs CEO: ‘Part of our culture is to eat glass’ appeared first on The Block.

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Shiba Inu Sees Record Speculative Frenzy, Snaps 5-Week Winning Trend

A surge in the number of addresses acquiring SHIB near record highs signals peak speculative frenzy.

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Bank of China Reveals Machine That Converts Foreign Currency to Digital Yuan: Report

The digital yuan machine requires a passport, but not a bank account, according to the report.

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Argo Blockchain Mining Revenue Rose 32% in October

London Stock Exchange-listed crypto miner Argo Blockchain reported mining revenue of £7.24 million ($9.75 million) for October.

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Poland’s Largest Crypto Exchange Revamps to Go License Shopping

Zonda, formerly BitBay, plans to expand into Switzerland first, followed by the U.K. and Canada.

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