Friday, 24 March, 2023

Crypto exchange Huobi Thailand shutting down in July after licence dismiss

<p>Huobi Thailand&#39;s crypto exchange will be permanently shut down on July 1, according to a statement on the company&#39;s website. This ends the exchange&#39;s brief foray into the Southeast Asian country, where cryptocurrency use is booming. Thailand, according to blockchain analysis firm Chainalysis, has one of the highest adoption rates of DeFi, or decentralised financial services, in the world, placing third after the United States and Vietnam.</p>