Cryptocurrency News

Huobi to permanently shut crypto operations in Thailand

06/16/2022

Less than a minute

2022.06.16 16:25

Huobi to permanently shut crypto operations in Thailand

Huobi’s Thailand unit is set to wind down operations by July 1, after its operating license was revoked by the Thai Securities and Exchanges Commission (SEC).

The Thai SEC revoked Huobi’s license in May after it failed to comply with the local regulations. The permanent closure orders come nearly eight months after the regulators suspended the exchange’s services in September.

06/16/2022

Less than a minute

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