Huobi eyes US expansion with new FinCEN license

Huobi  said July 5 that its subsidiary HBIT received a license from the U.S. Financial Crimes Enforcement Bureau’s (FinCEN) Money Services Business Registration (MSB) to operate in the country. The license provides a good foundation for the exchange’s digital currency-related businesses in the U.S., according to the press statement. Financial institutions like crypto exchanges in…