Hong Kong based Huobi Group to Place Japanese Exchange BitTrade as a Subsidiary
Published in
1 min readSep 19, 2018
Japan corporation “Huobi Japan” of Hong Kong based major cryptocurrency exchange “Huobi” gained approval of share transfer at the extraordinary general shareholders’ meeting of Japan’s cryptocurrency exchange “BitTrade” and was approved by the Financial Services Agency. BitTrade was then turned into a subsidiary.
Major overseas exchanges will move towards entering the cryptocurrency market in Japan, so it will be interesting to see whether it will boost the stagnant cryptocurrency market.
