Huobi Global to Closing Singapore Users’ Accounts on 31 March 2022: Here’s What You Need To Know
By Seedly  •  November 11, 2021
Users of Huobi Global in Singapore listen up. On Tuesday (9 November 2021), the world’s seventh-largest cryptocurrency exchange at the time of writing (via CoinMarketCap), announced that it will close the accounts of its Singapore based users on 31 March 2022: Source: Huobi Global This move comes shortly after the exchange, founded in China in 2013, was forced to stop serving Chinese customers after authorities announced a total ban on cryptocurrencies in September 2021. The exchange stated that this move is ‘part of an effort to comply with relevant regulations by local financial authorities,’ i.e. the Monetary Authority of Singapore (MAS). If you are a Huobi Global user affected by this, fret not! We will walk you through why this is happening and what you need to do. TL;DR: Huobi Global Will Close Singapore Based Accounts on 31 March 2022
  • Huobi Global will be closing the accounts of all its Singapore based users on 31 March 2022.
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.

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