Huobi’s Australian arm sought registration with the Australian Transaction Reports and Analysis Centre (AUSTRAC) but has chosen to forgo its certification. Market Slump and Redundancies The decision to shut down comes barely eight months after the launch of Huobi’s Australian subsidiary, meaning it will be taken over by the parent Huobi Global. According to
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Source and More information: Huobi Australia Closes Shop and Drops Plans for Fiat-to-Crypto Trading
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