NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Huobi-Partnered Exchange HBUS Opens to US Citizens

tim copeland
tim copeland
7 years ago
3 mins read
HBUS

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Crypto exchange and U.S. strategic partner of Huobi, HBUS, has announced today it will begin new user registrations of U.S. citizens. Following a recent Amsterdam quant trading event, Huobi has begun their Global Elites Program in the Netherlands.

HBUS Opens to US Citizens

The marketplace will go live on July 10 and they have a promotional offer for users who sign up before July 9. The launch was originally planned for June 15, but was delayed due to high demand. HBUS has emphasized that all employees have been trained and examined on Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) standards.

San Francisco-based HBUS will begin new user registrations of U.S. citizens with deposits open from July 6. Users will be able to deposit nine cryptocurrencies including BTC, BCH, ETH, and ranked #128 by market cap, Civic (CVC). They will support two stablecoins: Tether (USDT) and True USD (TUSD).

“Our strategic partner, Huobi, has grown to be the largest digital asset marketplace globally. As investors’ acceptance of virtual currency and digital asset increases, we have seen incredibly high demand in the U.S. We are excited to launch as Huobi’s strategic partner, to serve the growing number of people participating in virtual currency trading,” said Frank Fu, HBUS CEO.

HBUS is a separate legal entity from Huobi, but is their exclusive U.S. strategic partner. Recently they appointed their new CEO Frank Fu, who lives in Silicon Valley and has a background in corporate development. They specified that they want to build a separate culture and identity from Huobi.

w

The exchange has decided to exclude Ripple (XRP) from its initial batch of cryptocurrencies. In a blog post, HBUS said that the first batch of coins were designed to give users variety, but that the list was chosen in a “calculated” way to ensure the “longevity” of the exchange. This means they may be excluding XRP over concerns it may be a security, an issue that was not cleared up in the recent U.S. Securities and Exchange Commission (SEC) announcement.

Huobi Begins Global Elites Program

Huobi launched their Global Elites Program in the Netherlands today. Following an Amsterdam quant trading event, they have established their Benelux branch of the program which will be rolled out across 17 other countries. The program is designed to connect blockchain professionals to help grow the exchange.

Lester Li, European Director of Huobi Exchange, said, in a statement: “This latest launch of the Huobi Elites Program in the Netherlands is in response to the high demand we have seen here, which was perfectly illustrated this week with a huge turnout at our Amsterdam quant trading event. We hope that this branch of the Global Elites Program in the Netherlands will lead to the establishment of Huobi crypto exchanges here and elsewhere in Europe.”

The program will help Huobi to target each country by having connected professionals on board that know the area. One of their first members is Henry Hong, CEO at Bring-InTechnology, who is based in The Hague. At their recent quant trading event in London, held at One Canada Square, Canary Wharf, they said that they are targeting new markets including EU countries, Russia, India, and Vietnam.

Hong told NewsBTC: “As Huobi Elite, we will help Huobi group to develop the local ecosystem and bring a more valuable service and choice to the local market.”

Featured image from Shutterstock.
Tweet123Share206ShareSend
tim copeland
tim copeland

tim copeland

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

xrp price xrpusdt

XRP Price Brewing A Monster Rally? This Patter Might Hold The Key

As the crypto market moves sideways with low volatility on low timeframes, the XRP price trends to the upside. According...

James Halver 15 hours ago
XRP

XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029

XRP slipped to around $2.22 on July 7, marking a quiet session for the token. That price sits well below...

Christian Encila 1 day ago
XRP price news

XRP Price Risks Breakdown To Next Support Level, Why $2.28 Is Important

The XRP price has been holding on pretty tightly to its support level above $2.2 and continues to be a...

Scott Matherson 1 day ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XRP News

Pundit Explains Why XRP Stands To Gain Big From Ripple’s RLUSD

Jake Simmons 1 hour ago
XRP koers doorbreekt pennantpatroon: stijging naar $2,78 bij breakout?

XRP koers doorbreekt pennantpatroon: stijging naar $2,78 bij breakout?

Lars Diederiksen 5 hours ago
XRP Price Pops and Drops

XRP Price Pops and Drops — Can Bulls Regain Control?

Aayush Jindal 14 hours ago

Premium Sponsors

Press Releases

  • 3 figyelemre méltó altcoin 2025. júliusának első hetében

    3 figyelemre méltó altcoin 2025. júliusának első...

    57 minutes ago
  • Oblíbená alternativa Dogecoinu (DOGE), která z 650 USD udělá 65 000 USD za 4 měsíce

    Oblíbená alternativa Dogecoinu (DOGE), která z 650 USD...

    3 hours ago
  • 3 altcoiny, které sledovat v prvním týdnu července 2025

    3 altcoiny, které sledovat v prvním týdnu července 2025

    3 hours ago
  • Trendingowy alternatywny kryptowalut dla Dogecoin (DOGE), który zamieni 650 USD na 65 000 USD w ciągu 4 miesięcy

    Trendingowy alternatywny kryptowalut dla Dogecoin (DOGE)...

    3 hours ago
  • トランプ氏の貿易戦争懸念で注目集まる新しい仮想通貨、今買うべき銘柄は?

    ...

    4 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.