Huobi Group, one of the world’s leading financial services providers specializing in cryptocurrency and its related products, on Friday received both the DIFC innovation license and registration on the New Zealand Financial Services Providers Register in Dubai. Both these developments represent important milestones in the group’s consistent development.
The DIFC Innovation License is a license for innovative technology companies in Dubai and provides access to a thriving technology ecosystem and benefits such as technology research and development, capital repatriation and preferential treatment for taxes.
Registration on the New Zealand Financial Services Provider Register (FSPR) represents the Huobi Group’s first step towards expanding its cryptocurrency trading business in the country, as all exchanges are required to register on the platform before providing services to local users. . With the registration, Huobi Group will be able to operate a regulated foreign currency exchange and money or value transfer services in New Zealand, supporting crypto OTC trading services.
“Huobi attaches great importance to regulation and compliance globally, and the two new licenses not only mark major milestones for our global expansion but our determination to provide secure, regulated and professional services to more users.” also show,, Huobi Group SVP and CFO Lily Zhang said.
As one of the earliest cryptocurrency exchanges to offer worldwide cryptocurrency trading services, Huobi Group has been working towards compliance development since 2017. To date, Huobi Group has obtained licenses for various cryptocurrency-related services in many different countries and regions, including South Korea, Japan, Gibraltar, and others.
“Meeting compliance requirements and regulations is the foundation of our business. Only under this premise can we grow alongside the industry to meet the real needs of users, and this remains our top priority for our global expansion efforts Will be there,” Zhang said.
About Huobi Group
Established in 2013, Huobi Group is one of the world’s leading financial services providers specializing in cryptocurrency and its related products, with millions of users across five continents and 160 different countries. We are dedicated to empowering financial freedom and creating new global assets, leading the cryptocurrency industry in spot, derivatives and bitcoin transactions for many years. Our infrastructure, operations and offerings are built on processes and standards that prioritize user safety and industry compliance, backed by strong global customer support based on local expertise. This allows us to provide a unique trading environment that is truly customer-first, secure and sustainable for all users, enabling their long-term success.