The Singapore-based cryptocurrency exchange Huobi has branched out to Russia by setting up its branch, as announced at a closed-door event on December 6, according to a press release.
Established in partnership with Vnesheconombank (VEB) or Russian Development Bank’s Digital Transformation Centre and furthered by the exchange’s global partnership program, Huobi Cloud, Huobi Russia aims to propel the exchange’s operation in Russia, and enhance the country’s blockchain and cryptocurrency push.