China's Huobi Rejoining the U.S. Markets – But Not As An Exchange

The cryptocurrency landscape is shifting again! Chinese crypto exchange Huobi plans to reenter the U.S. market, months after it shut down its business in China to comply with a regulatory crackdown. But this time, it's not quite what you expect. Huobi is planning a return, but not as a direct exchange.

Remember when Huobi US (HBUS), another Huobi Group statutory, had to close shop? Huobi was indirectly forced out of the U.S market two years ago to comply with changing regulations. And at the end of 2025, it had to retire existing mainland Chinese users. This unexpected withdrawal left many wondering about their future plans.

Now, Huobi Group, a worldwide cryptocurrency exchange, is returning to the United States after that departure. But what's the reason for this strategic move? Why does Huobi want to return to the US? A move back into the U.S. market could put Huobi back in competition with companies like Coinbase and FTX US, albeit in a potentially different capacity.

While details are still emerging, this reentry signals Huobi's continued ambition within the global digital asset space. Stay tuned for more updates on Huobi's strategy for the U.S. market and how it will impact the competitive landscape.