HBUS: Crypto Exchange Huobi’s New Cryptocurrency Marketplace The world’s fourth-largest crypto exchange, Huobi, has announced that it has opened registration for U.S. residents on its new trading platform, HBUS. This new cryptocurrency marketplace is a San Francisco-based company that was announced in early June this year. HBUS has begun accepting account verification requests from U.S. residents. The residents can now also deposit their crypto holdings. HBUS supports the following nine cryptocurrencies – Bitcoin Cash (BTC), Ethereum (ETH), Bitcoin (BTC), Tether (USDT), Litecoin (LTC), Dash, Civic (CVC), Ethereum Classic (ETC), and TrueUSD (TUSD). In its statement, Huobi stated that HBUS will go live for trading on July 10th. The various features of the platform along with the full set of trading pairs will be announced during the launch. HBUS as of now won’t be open to residents of Georgia, Alabama, Louisiana, Connecticut, Hawaii, New York, Washington, and Vermont till it gets an all-clear signal from the regulators. Like various other crypto exchanges, the HBUS exchange also facilitates its traders the ability to view the market data pertaining to virtual currencies such as depth charts and candlestick. On July 5th, Huobi opened trading on its newly launched Australia-based platform. Targetting the European market, the exchange unveiled its London-based platform last week. The over-the-counter (OTC) trading tests will start in Q3 this year. Huobi’s Singapore-based platform has been working towards the exchange’s expansion in the Asian market. Earlier this spring, it launched a South Korean subsidiary which has its operations in Japan and Hong Kong. In a statement issued to Coin Telegraph, HUBS announced that their new CEO is Frank Fu. The CEO said that this is a crucial period in the cryptocurrency industry. He is looking forward to building a team that will help in creating a digital asset platform and a world-class virtual currency. He further stated that he intends the new platform to offer the best technology innovation, ace customer experience, and regulatory compliance. Must Read recommended by The post HBUS: Crypto Exchange Huobi’s New Cryptocurrency Marketplace appeared first on OWLT Market.

Venezuela Wants to Use Its Petro Cryptocurrency to House the Homeless

Venezuela Petro cryptocurrency: Lldemaro Villarroel, the Venezuelan Minister of Habitat and Housing, just announced that the Venezuelan government is planning on using the national cryptocurrency Petro to house the homeless, Criptotendencia reported yesterday.

The project will be called ‘Great Mission for Venezuela Housing‘ (GMVV) and the Venezuelan government will be fully funding it. GMVV aims to provide quality housing to the homeless.

Great Mission for Venezuela Housing

According to the GMVV website, the government has built more than 2 million houses to date. Villaroel states that 33 companies have teamed together to start tests ...

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