logo

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

Michael Saylor: Winter is Over – Is He Right? 5 Key Data Points (2026)

Michael Saylor tweeted yesterday “Winter‘s Over.” It is short. It is bold. And it has the crypto world talking.

But is he right? Or is this just another CEO pumping his bags?

Let us look at the data. Let us be neutral. Let us see if the ice has really melted.

WEEX Bubbles App Now Live Visualizes the Crypto Market at a Glance

WEEX Bubbles is a standalone app designed to help users quickly understand complex crypto market movements through an intuitive bubble visualization.

Polygon co-founder Sandeep: Writing after the chain bridge chain explosion

In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights

To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi

Overview of Important Market Events on April 23

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

Popular coins

Latest Crypto News

Read more