Huobi Korea launched its services in 2018, however, it has reviewed its deposit and withdrawal processes, and fiat-to-crypto oversight. As part of its plan, the company will closely monitor any transactions that might seem suspicious, and regularly update its fraud detection system algorithms.
The exchange is also considering to launch an inter-exchange hotline, aiming to prevent identity theft, voice phishing, and other types of fraud. Moreover, the measures were taken to abide by the regulations and guidelines of the Korean Financial Services Commission (FSC).
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright