Huobi Australia has announced on social media that its office will close as of 26th February 2019. All operations will transfer to Huobi Global headquarters in Singapore. The company blames the closure on “poor market conditions and associated recent staff redundancies.” Gone From A Land Down Under Top ten cryptocurrency exchange by volume, Huobi, only established its Australian operation eight months ago. At the time the fourth largest exchange, it was competing in an aggressiveRead MoreThe post Huobi Closes Australian Office Due To ‘Poor Market Conditions’ appeared first on Bitcoinist.com.
