Huobi exchange may leave Malaysia due to pressure from regulators

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Huobi exchange may leave Malaysia due to pressure from regulators Cryptocurrency exchange Huobi has received a notification from the Malaysian authorities to stop processing suspicious transactions. According to supervisory authorities, the trading platform is taking insufficient measures to combat the criminal use of digital assets. The demand to strengthen control over user activity was sent despite the fact that back in September last year, the Huobi administration announced the delisting of all private altcoins. The Malaysian Securities Commission (SC) went even further and demanded that the management of the exchange completely suspend activities in the domestic market. Huobi must disable

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Author: NixCoin

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