Huobi Global Announce Partnership With BCB Group To Enhance European Fiat On Ramping
London, 18th January 2021 – In an ongoing effort to globalize its offerings, Huobi Global has partnered with BCB Group, Europe’s leading crypto-dedicated payment services provider, to provide clients with European fiat on/off ramps and the ability to send fiat to crypto counterparties via BLINC in real time, 24/7, 365 days a year.
BCB is well known for providing regulated services for cryptocurrency companies looking to target the burgeoning European market. Working with BCB will enable Huobi to bank its OTC desk with the firm as well as let them handle foreign exchange flow.
BCB also allows Huobi to have access to their unique instant fiat settlements rails and instant settlements network, BLINC, so that customers are able to settle OTC trades lightning fast.
Ciara Sun, the VP and Head of Global Business at Huobi said of this partnership: “We understand the importance of both a compliant, and streamlined service. Partnering with BCB allows us to offer a European fiat on and off ramping service that we know is in line with the laws of that area, but it also allows our customers in Europe to experience a smooth and hassle-free user experience.”
Oliver von Landsberg-Sadie, Founder and CEO of BCB added:: “This important partnership furthers BCB’s mission to promote future-friendly growth of the industry. We are excited to play a part in Huobi’s global project.”
Notes to editors
About BCB Group
BCB Group is Europe’s leading crypto-dedicated payment services provider, serving some of the industry’s largest clients including Bitstamp, Coinbase, Galaxy and Kraken. BCB Group provides payment services in 20+ currencies, FX, cryptocurrency liquidity and digital asset custody.
Responding to institutional demand for operational best practice in digital asset markets, BCB Group was created by established thought leaders in finance, regulation and technology. Founded in the UK and developed to encompass key relationships across global financial services communities, BCB Group is well positioned as one of the first multi-jurisdictional regulated cryptocurrency service firms. BCB Group’s executive team have worked for Barclays, Credit Suisse, Deutsche Bank, Investec, Lloyds Commercial Bank, Norton Rose Fulbright, FIS and Sun Life of Canada.
Find out more: www.bcbgroup.com
About Huobi Group
Consisting of numerous upstream and downstream enterprises, Huobi Group is a leading global blockchain company. Established by Leon Li in 2013, the company’s Huobi Global exchange accumulative turnover exceeds US $3 trillion. Huobi proudly provides safe,
secure, and convenient cryptocurrency trading and asset management services to millions of users in 170+ countries.
The information contained in this press release is intended for use and publication by journalists and should not be relied upon by private investors or any other persons to make financial decisions. Furthermore, the material contained herein is for informational purposes only and should not be construed as an offer, solicitation of an offer, or an inducement to buy or sell cryptocurrencies or any equivalents either generally or in any jurisdiction where the offer or sale is not permitted. All of the views expressed about the markets, cryptocurrencies and stakeholders in this press comment accurately reflect the personal views of BCB Group. While opinions stated are honestly held, they are not guarantees and should not be relied on. The information or opinions provided should not be taken as specific advice on the merits of any investment decision. This press release may contain statements about expected or anticipated future events and financial results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, new legislation and regulatory actions, competitive and general economic factors and conditions and the occurrence of unexpected events. Past performance in other related cryptocurrencies is not a viable indication of future performance with actual results possibly differing materially from those stated herein. Investments in cryptocurrencies are not currently regulated by the Financial Conduct Authority. Your capital is at risk when investing in cryptocurrencies.