Huobi plans return to the US after ceasing operations in 2019 By Cointelegraph


Huobi plans return to the US after ceasing operations in 2019

Huobi Group, the company behind major global crypto exchange Huobi, is apparently planning to return to the United States with a new license secured from local regulators.

After ceasing operations in the U.S. in late 2019, Huobi seems to be interested in opening a trust company business in the country. Trusts are companies tasked with managing assets for a group of owners or investors. Grayscale’s trusts use this structure to offer cryptocurrency exposure within traditional markets.