Huobi to Freeze All US Accounts and Push Users to New Platform

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Huobi 1 - Huobi to Freeze All US Accounts and Push Users to New Platform

Huobi, the popular Singapore-based crypto exchange, has announced that it will freeze all US accounts by November 13 due to the particularly stringent regulatory environment that has forced the exchange to prohibit US users.

Huobi Pushes Users to New Independent Platform

In a blog post from the exchange published over the weekend, Huobi has said that its user agreement expressly prohibits US-based crypto traders from using the platform in line with the laws and regulations of the US. The accounts of those users have been gradually disabled in order to prevent any further trading, and traders …

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