Huobi HTX Officially Approved for Exchange Platform License Registration

By: blockbeats|2025/12/12 20:30:01
0
Share
copy
Article Source: HTX

The international leading digital asset exchange platform Huobi HTX, with over 50 million registered users worldwide, announced today that it has officially obtained a No Objection Certificate (NoC) issued by the Pakistan Virtual Asset Regulation Authority (PVARA). This marks the beginning of the compliance exchange platform licensing application process under the framework of the Virtual Assets Ordinance, 2025.

Obtaining the NoC is a milestone, making Huobi HTX one of the first two global digital asset platforms to apply for a Pakistan virtual asset license, and it also signifies Pakistan's significant progress towards a standardized and innovative digital asset ecosystem. Following the issuance of the NoC, Huobi HTX will continue to advance the relevant compliance and formal licensing process in accordance with the Virtual Assets Ordinance, 2025, closely communicating and cooperating with PVARA to complete the final comprehensive authorization.

Through obtaining this NoC issued by PVARA, Huobi HTX will also proceed to register with the Financial Monitoring Unit (FMU) for Anti-Money Laundering (AML) services, covering services such as virtual asset exchange platforms, brokerage trading, custody, and derivative services, while preparing for subsequent full Virtual Asset Service Provider (VASP) licensing.

Justin Sun, Global Advisor to Huobi HTX, stated:

"Pakistan is one of the fastest-growing cryptocurrency markets globally, with millions of young, tech-savvy users actively participating in the global digital economy. We are honored to have obtained the No Objection Certificate from PVARA and will continue to work closely with regulatory agencies to establish the highest industry standards for compliance, transparency, and user protection. This approval is not only a recognition of Huobi HTX but also a vote of confidence in Pakistan's vision for cryptocurrency development."

About Huobi HTX

Founded in 2013, Huobi HTX has developed over 12 years from a cryptocurrency exchange platform into a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation, and other businesses.

As a global leading Web3 portal, Huobi HTX adheres to a development strategy of global expansion, ecological prosperity, wealth effect, security, and compliance, providing comprehensive, secure, and reliable value and services to cryptocurrency enthusiasts worldwide.

This article is a user submission and does not represent the views of BlockBeats.

-- Price

--

You may also like

a16z Crypto: What We See Behind the $2.2 Billion New Fund

After the noise subsides, what remains is often more useful than it appeared at its peak and more enduring than it seemed at its lowest point.

Web3 is dead, Web2+3 should rise

We are not aiming to hold a self-indulgent party for Web3 practitioners, but rather to build a bridge for rational connection between Web2 and Web3.

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

In the Latin American remittance market, the real protagonists have never been the young people speculating on cryptocurrencies, but rather the 50-year-old workers who send money to their mothers every month. They don't care about blockchain; they only care about whether the money has arrived.

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Program:[email protected]