Huobi Korea's move comes after multiple consultations with employees and relevant stakeholders, which it says "is a plan to strengthen its position as a domestic company."
South Korea's Busan aims to revive its ailing blockchain ecosystem under a new partnership with Huobi, who is setting its sights on cementing its name as a prominent digital asset exchange in the country.
South Korea views blockchain technology as a golden opportunity, with a high-ranking gov’t official saying the country will compete with Europe and U.S.
Huobi Korea delisted Monero a few days ago after it emerged the darkcoin was used in a sex scandal involving minors. Bithumb is under pressure to do so too.
