Share this article
Seychelles Regulator Issues Investor Alert Over Crypto Exchange Huobi Global
Huobi told CoinDesk the entity is within the company group.
Updated Sep 14, 2021, 12:23 p.m. Published Mar 9, 2021, 1:36 p.m.
The Seychelles Financial Services Authority (FSA) alerted investors Monday over an entity called Huobi Global Limited.
STORY CONTINUES BELOW
- The Seychelles regulator believes the entity is linked to cryptocurrency exchange Huobi Global and is operating in the country despite never being licensed to do so.
- The International Business Company (IBC) Huobi Global Limited "appears to be affiliated" with the online trading platform of the same name, the Monday notice states.
- The FSA is encouraging investors to exercise caution when dealing with the company.
- Talking to CoinDesk, a Huobi representative said: "Huobi Global Limited is a Seychelles-registered company that is part of Huobi Group. It provides services to global customers in accordance with applicable laws."
- The person said the firm's legal team is drafting a detailed response to the FSA's notice.
- Huobi Global's legal statement on its exchange platform, last updated two years ago, makes multiple references to the laws and regulations of the Republic of Seychelles.
- CoinDesk reached out to the FSA for comment but had not received a reply by press time.
See also: Huobi Said to Be Launching Bitcoin, Ether Funds After Being Granted Hong Kong License
Більше для вас
Що варто знати:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Більше для вас
U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down
The White House has shut down proposals, and lawmakers are circulating the Democrats' asks in what had been a close negotiation, revealing 11th-hour pressure.
Що варто знати:
- Democrats shared a response to Republicans outlining their continuing priorities for a crypto market structure bill, which they said was intended to "reach an agreement and proceed towards a mark-up."
- The document laid out concerns with financial stability, market integrity and public officials' ability to trade and profit off of crypto, echoing concerns laid out in a framework Democrats shared in September.
- The Senate is running out of time in the Congressional calendar to hold a markup hearing — a key step toward progressing the bill — before 2025 ends.
Top Stories
