One of the largest cryptocurrency trading exchanges, Huobi, is now considering expanding its services to China. Huobi Chief Justin Sun believes this will be a massive turnaround for the firm in the hopes that China will contribute positively to its growth.
Before now, the China government placed some restrictions on cryptocurrencies. The idea was to keep its citizen safe from possible scams and risks in the crypto space. It also warned the citizens to avoid transactions with crypto, stating that they are illegal. But it appears that the narratives are about to change in Hong Kong.