where is huobi registered

Huobi Global, initially registered in Beijing, China, has expanded globally with local subsidiaries in Korea, Japan, Turkey, Argentina, and Brazil, adhering to regulations in each operating country.

Nov 04, 2024 at 09:04 am

Huobi Global's Business Registration1. Primary Registration and Establishment

Huobi Global is a cryptocurrency exchange that was initially registered in Beijing, China, in September 2013. The founders established the company as an asset management firm focusing on digital currency transactions.

2. Expansion to Singapore

In September 2017, Huobi relocated its headquarters to Singapore following the Chinese government's crackdown on cryptocurrency exchanges. Singapore offered a more favorable regulatory environment for the company.

3. Establishment of Local Subsidiaries

To cater to geographically diverse customers, Huobi has established local subsidiaries in various countries, including:

Huobi Korea (2018)
Huobi Japan (2019)
Huobi Turkey (2020)
Huobi Argentina (2020)
Huobi Brazil (2021)

4. Compliance with Regulations

Huobi Global adheres to regulatory requirements in each country where it operates. For example, its Singaporean subsidiary is licensed by the Monetary Authority of Singapore (MAS) under the Payment Services Act.

5. Headquarters in the Seychelles

In 2022, Huobi Global moved its headquarters to the Seychelles, an archipelago nation known for its friendly corporate tax structure and pro-cryptocurrency stance. The Seychelles Financial Services Authority (FSA) has granted Huobi a license to operate as a cryptocurrency exchange.

Additional Considerations:

Huobi Global's headquarters in the Seychelles does not mean that it is no longer registered in other jurisdictions. The company maintains local subsidiaries and compliance with regulations in various countries.
Huobi Global's registration and operations are subject to change based on regulatory developments and the company's strategic decisions.

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