News

Justin Sun Denies Rumors Of Huobi Accepting Chinese Users

Though Justin Sun hopes to one day acquire Hong Kong-based crypto exchange Huobi Global and possibly even bring it back to mainland China. However, he still denied the current information that Huobi accepts users in China.

Today, there are a few rumors about Huobi accepting users in Mainland China through a screenshot of using a Chinese passport to go through KYC on Huobi.

When the information was widely circulated, Justin Sun, the founder of TRON, confirmed that the screenshots from the Internet are not true and that Huobi is not currently accepting users in Mainland China.

Under the suspicion of being the right person to buy Huobi Global, Justin Sun has denied participating in the acquisition, currently he and 4 other people are serving as advisors in Huobi Global’s global advisory board.

Justin Sun Denies Rumors Of Huobi Accepting Chinese Users 3

In an interview with Coindesk, Justin Sun as a global advisor shared that he does not rule out the possibility of one day acquiring the Hong Kong-based cryptocurrency exchange Huobi Global and even could even bring the exchange back to mainland China. However, this depends greatly on the Chinese government changing its stance on cryptocurrencies, and would require “thorough due diligence of the exchange.”

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Foxy

CoinCu News

Andy

Recent Posts

Parallel Review: The card game received an $85M investment

Parallel is a competitive, free sci-fi trading card game where players battle strategically with self-built…

1 hour ago

Bitcoin ETF Inflow Sees Fourth Consecutive Positive Day With $257 Million

Spot Bitcoin ETF inflow surged to $257 million on May 16, driven by positive sentiment…

3 hours ago

Bitcoin Supply On Exchanges Is Falling To New Lows

Bitcoin supply on exchanges reaches new lows amid bullish market sentiment, signaling a move towards…

4 hours ago

Chainlink Fund Tokenization Pilot Successful With Large Banks Participating

The Chainlink fund tokenization underscores the growing interest in asset tokenization, boosting Chainlink's price by…

4 hours ago

Controversial SEC Crypto Asset Accounting Rule Strongly Opposed By US Senate

The U.S. Senate voted 60-38 to overturn the SEC crypto asset accounting rule, easing restrictions…

5 hours ago

Pyth Grants $50 Million In PYTH To Stimulate Ecosystem Growth

Pyth grants $50 million, offering community, research, and developer grants, with rewards in unlocked or…

14 hours ago

This website uses cookies.