Huobi issued a response to "X-Spot controlled by Li Lin sued Huobi Global for trademark infringement", saying that Huobi Global Limited owns the right to use the "Huobi" trademark in many legal jurisdictions around the world, so it has the right to use it freely. In addition, Huobi Global Limited is not registered in Hong Kong, and the right to use trademarks in Hong Kong depends on the laws and regulations of Hong Kong. Huobi said that it has not yet officially received any court acceptance notice, and has not received a detailed understanding of the lawsuit.

Li Lin responded to "Huobi Hong Kong" and "huobi's app re-using Huobi" and said, "1. After October 8, 2022, I will no longer be a shareholder of huobi. I have nothing to do with any of my business activities. 2. According to the transaction agreement, Huobi (Huobi) prohibits the use of "Huobi" and "Huobi" in simplified and traditional Chinese (Huobi's Chinese name is changed to "Huobi" 3. Please Huobi (Huobi) company immediately stop using Chinese "Huobi" and "Huobi" for infringement. 4. Our legal staff will send a lawyer's letter to Huobi company to urge it to stop the infringement. According to the situation, we will decide whether to take further legal measures to protect our legitimate rights and interests." Foresight News previously reported that Huobi announced that it will officially launch Huobi Hong Kong station Huobi HK.

Huobi announced that it will officially launch Huobi HK, and is ready to provide users with a variety of cryptocurrency trading services. From June 1st, users can buy, sell and hold major cryptocurrencies including BTC, ETH and other major cryptocurrencies listed in independent indices through Huobi HK. The Hong Kong Securities Regulatory Commission recently announced the consultation conclusions on the "Guidelines for Operators of Virtual Asset Trading Platforms", confirming that the regulation of virtual asset trading platform operators will come into effect on June 1, and retail investors will be allowed to participate.

According to Huobi official news, Huobi is preparing to apply for a Hong Kong cryptocurrency trading license and plans to launch a new exchange Huobi HongKong in Hong Kong. Previously, Justin Sun, a member of Huobi Global Advisory Committee, has repeatedly stated publicly that Hong Kong has become one of the most important Web3 centers in Asia, and he is full of confidence in the future of encryption compliance in Hong Kong and mainland China. In addition, Huobi will hold an event themed "Huobi in Hong Kong, the Rise of the Power of the East" in Hong Kong on April 14.

Huobi announced that it will cooperate with electronic payment provider Visa to issue Huobi Visa Card globally. This cooperation aims to establish a more efficient and convenient channel from fiat currency to cryptocurrency for users. The initial phase of the Huobi Visa Card rollout will be offered to the European market, with rollouts to follow in other regions. The Huobi Visa card will be associated with the Huobi account. Users who hold it can use the virtual asset balance in their Huobi account to complete the payment of corresponding goods and services at 80 million merchants that support Visa around the world. exchange. Users can get HT cashback when they use Huobi Card for consumption, and at the same time, they can get benefits in the station when they open the card.

Huobi announced the new Chinese name "Huobi" at the rebranding conference held in Singapore. It is reported that Huobi's rebranding content and rebuilding Huobi plan will also be displayed.

According to Wu Shuo, the former Huobi CEO Zhu Hua has officially resigned on November 15, and Chen Dai, the former head of Huobi PR/GR, also bid farewell to Huobi in Moments. On November 4, former Huobi CFO Zhang Li resigned. Justin Sun's team has now fully taken over the Huobi business.

Huobi tweeted, "On October 8th, Huobi's holding company transferred all its shares in Huobi Global to the About Capital fund. Xinhuo Technology is an independent entity. Huobi is doing well and will continue to provide customers with safe and reliable Serve".

According to the Financial Associated Press, Tron founder Justin Sun responded to rumors of the acquisition of Huobi, saying that neither he nor Tron is the acquirer of Huobi, but has been invited to serve as a member of the newly established Huobi Global Advisory Board and support Huobi's development.