Huobi describes itself as the only entity licensed to operate a trading platform for both retail and professional investors, although the exchange hasn't set an official launch date yet.
Digital asset hedge fund Three Arrows Capital, which had been around since 2012, now appears to be dragging other industry names into its whirlpool.
The British Virgin Islands had been reported to be developing a national digital currency to replace the US dollar, but it has now denied any crypto links.
British Virgin Islands will roll out a national digital currency known as the BVI-LIFE which will enable it to reduce its reliance on the U.S. dollar.
Wengqing Liu was hired as CEO of cryptocurrency exchange EtherDEG in December 2017 but was later fired for unknown reasons.