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Huobi Permanently Closes Its Subsidiary In Thailand

Huobi Permanently Closes Its Subsidiary In Thailand

Seychelles-based digital exchange Huobi has revealed that it will permanently close its subsidiary in Thailand from July 1 and the exchange has told clients to withdraw their digital assets from the platform before the deadline. The shutdown came due to the Thai Securities and Exchange Commission (SEC) decision to revoke the exchange's license last September. A notice on the exchange’s website told the public this: “Due to the SEC’s decision, Huobi Thailand is no longer an authorized digital asset exchange

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