Breaking News: Seychelles says Huobi Global has never been supervised by it and has always been the legal place of registration for Huobi Global

Wu said blockchain learned that on March 8, the Financial Services Authority of Seychelles FSA issued an alert stating that IBC HUOBI GLOBAL LIMITED appears to be associated with the virtual asset online trading platform "Huobi Global" and operates through the following website: https://www.huobi.com. The FSA hereby informs the public that the above-mentioned IBC does not hold any license issued by the FSA to engage in such activities. Therefore, this entity is not regulated by the FSA and has not been in the past. The FSA strongly urges investors and the public to exercise caution with the services provided by any other company provided by the above-mentioned IBC.

In external affairs, Huobi Global has always claimed that its headquarters is located in Seychelles. The legal statement on Huobi Global's official website shows that the purpose of the website is to provide professional international trading platforms and financial products to the vast number of digital asset enthusiasts and investors around the world as much as possible without violating the relevant laws and regulations of the Republic of Seychelles. For issues not covered in this statement, please refer to the relevant laws and regulations of the Republic of Seychelles. When this statement conflicts with the relevant laws and regulations of the Republic of Seychelles, the relevant laws and regulations of the Republic of Seychelles shall prevail.

On February 22, 2020, the Malta Financial Services Authority (MFSA) issued a statement saying that Binance Exchange did not obtain a license to operate a cryptocurrency business in the country, and stated that it had never been regulated by Malta. Binance founder Zhao Changpeng responded that Binance is not headquartered or operated in Malta, but operates in 180 countries around the world in a decentralized manner.