Huobi Global, a U.S.-focused department of cryptocurrency exchange Huobi, will cease all operations so that "it can return in a more integrated and impactful fashion as part of its ongoing strategic layout."
HBUS Cease to Operate: We regret to inform you that HBUS will need to cease operations so that it can return in a more integrated and impactful fashion as part of its ongoing strategic layout. Please refer to our FAQ and contact firstname.lastname@example.org— HBUS (Huobi Global's U.S. Partner) (@HBUSofficial) December 9, 2019
The customer support center will be shut down on December 15, and all funds should be withdrawn before January 31, 2020.
It's still unknown what was the reason for such a decision.
Earlier iHodl reported that the Chinese department of a Singapore-based cryptocurrency exchange Huobi become one of the first members of the Blockchain Services Network (BSN) alliance, organized by the State Information Center (SIC).
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