Huobi Group Founder Leon Li recently met with senior Argentinian finance officials to discuss the role blockchain could play in that country\u2019s future. BEIJING, China \u2013 March 29, 2018 Huobi Group Founder & CEO Leon Li met with a delegation of senior Argentinian finance officials this week during their state visit to China. Li met with Felix Martin Soto, Deputy Minister of Finance and Javier Matias Mana, Director-General of the Bilateral External Finance Bureau to discuss Huobi\u2019s possible expansion into the country as well as the role blockchain could play in Argentina\u2019s economic development. The visit to Huobi was an important stop during their visit to Beijing for higher level collaboration between Chinese and Argentine governments. \u201cIt was a great honour to meet with Deputy Minister of Finance Soto and to explore with him Huobi\u2019s advantages when it comes to blockchain technologies and applications,\u201d Li said. \u201cWe hope to further strengthen our cooperation with the Argentine Ministry of Finance to achieve win-win development for both of us.\u201d \u201cWe would like to learn how to participate in cryptocurrency and blockchain industry from Huobi,\u201d said Soto, who heads up Argentina\u2019s international financial relations. \u201cThrough tokenization on Huobi\u2019s platform, for example, Argentina\u2019s plentiful agricultural, mineral and energy resources could be well financed by global investors.\u201d Soto believes Argentina should consider blockchain technology as a way to promote financial inclusion and reduce government costs. \u201cAt present, half of our population doesn\u2019t have bank accounts. They practice mainly cash transactions and convert their savings into US dollars,\u201d Soto said. \u201cThrough promoting cryptocurrency and blockchain technology and with Huobi\u2019s assistance, we could reduce our demand for US dollars, which eventually would contribute to stabilizing the local market and attracting global investment.\u201d Huobi Group has expanded rapidly in recent years, opening up exchanges in areas like Japan, South Korea, Russia and \u2013 through its strategic partner Huobi (US) \u2013 the United States. It serves much of the rest of the world through Huobi Global, its flagship exchange platform. Over the past few years, Argentina has been at the forefront of blockchain adoption in the South American region. Blockchain-centric start-ups have sprung up to serve the needs of the South American public and many Argentinians are increasingly investing in digital assets. The shift to cryptocurrency and blockchain is starting to manifest visible changes in Argentina. Earlier this year, for example, Bitcoin became an accepted payment method for busses, subways, trains and other forms of public transport and the country is also host to a growing number of crypto ATMs. "With Huobi's expertise in blockchain and cryptocurrency, Argentina can accelerate its pace to digital assets era," Soto said. About Huobi: Consisting of ten upstream and downstream enterprises, Huobi Group is the world\u2019s leading blockchain company. Established in 2013, Huobi Group's accumulative turnover exceeds $1 trillion. It proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 130+ countries. For more information, visit www.hbg.com.