Huobi Global has revealed a collaboration with Gala Games aimed at facilitating Web3 development and integrating Layer-1 chain.
Swiss President Alain Berset announced the outcome of the deal.
The relocation is part of Hong Kong's plans to become a digital asset center, and Huobi's Asia headquarters will be transferred from Singapore to Hong Kong as well.
According to blockchain analytics firm Elliptic, Binance, and Huobi, two prominent cryptocurrency exchanges, have frozen approximately $1.4 million worth of cryptocurrencies linked to North Korea.
HBIT Inc, a subsidiary of Huobi Technologies, has been granted a Money Services Business Registration License (MSB) by the United States Financial Crimes Enforcement Bureau (FinCEN).
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