Huobi Group, a global blockchain asset financial services provider, announced that it has secured a DIFC Innovation License in Dubai.
This is a license for innovative technology companies in Dubai and provides benefits such as access to a thriving tech ecosystem and preferential treatment for technology research and developments, capital repatriation, and taxes.
As of today, Huobi Group has obtained licenses for various cryptocurrency-related services amongst in a number of different countries and regions, including South Korea, Japan, Gibraltar, New Zealand, and others.
“Huobi attaches great importance toward regulation and compliance globally, and the two new licenses not only mark the major milestones for our global expansion but also reflect our determination to provide safe, regulated and professional services to more users.
Meeting the 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 will continue to be our top priority for our global expansion efforts,”
said Lily Zhang, Group CFO at Huobi.
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