Wednesday, December 8, 2021
Home Crypto News Market Huobi Japan Receives Japan FSA License to Launch Cryptocurrency Derivatives

Huobi Japan Receives Japan FSA License to Launch Cryptocurrency Derivatives

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The Japanese arm of the Chinese exchange Huobi, Huobi Japan, has received approval from the Financial Services Agency (FSA) of Japan to trade and manage cryptocurrency derivatives.



Huobi Japan CEO Haiteng Chen described the registration as an important milestone for the company’s business in Japan, as it will enable Huobi to develop financial derivatives and offer trading and marketing services to customers.

“We are delighted to have reached this milestone. This will enable us to expand our business beyond spot trading and will drive the next phase of our growth in Japan. In the future, we plan to develop a range of derivatives products to meet the growing market needs, ” Chen said.

Huobi Twitter Shared:

 

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Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Ammara authored more than 1,000 stories for TheCryptoBasic, CryptoComes and other fintech media outlets. She is particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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