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Huobi Global, a leading crypto exchange based in Singapore, has had a troublesome year, filled with FUD and various rumors. The flagship exchange of Huobi Group, however, seems to have finally seen some positive progress, as it announced the launch of a new independent exchange yesterday, November 27th. Huobi launches another new subsidiary The new exchange is called Huobi Labuan, and it is targeting the Malaysian market. The exchange is launching its trading services quite soon after securing a license to act as a digital asset trading broker from the country’s authorities. It managed to obtain this license only two
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