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.”
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.
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.
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