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Huobi to Shut Thailand Crypto Unit as Regulator Revokes Licens | ⚡TGK Thunders ⚡

Huobi to Shut Thailand Crypto Unit as Regulator Revokes License

Huobi Technology Holdings Ltd., a Hong Kong-listed operator of a cryptocurrency platform, will shut its unit in Thailand after the local regulator revoked its license.

The local platform will be shut “permanently” from July 1, according to a Huobi Thailand Co. statement on its website. Huobi Thailand will no longer have any connections nor legal bindings with Huobi Group after the closure, the statement said.

https://www.bloomberg.com/news/articles/2022-06-16/huobi-to-shut-thailand-crypto-unit-as-regulator-revokes-license#xj4y7vzkg