Huobi Group, one of the world's leading financial services providers specializing in cryptocurrency and its related products, on Wednesday obtained an MSB License in Canada – the third financial license the company secured within 30 days after it got the DIFC license in Dubai and registration on New Zealand's Financial Services Provider Register.
MSB License in Canada (Quebec is excluded) can be used for:
1. OTC business (Fiat currency to cryptocurrency);
2. Crypto to crypto exchange;
3. Local promotional activities;
4. Accessing the fiat currency channel.
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