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"On October 24th, Charmaine Lim, the VIP Customer Manager of Huobi HTX, was invited to attend the Blockchain Life 2023 crypto summit held in Dubai. During a roundtable discussion titled ""Outlook for the Cryptocurrency Market: Insights and Predictions from Top Cryptocurrency Exchanges,"" Charmaine stated that Huobi HTX, like other leading exchanges, typically adjusts its strategies during bear markets, focusing on risk management, liquidity, and operational efficiency optimization. Additionally, they continuously innovate and explore to meet diverse user needs.
Charmaine pointed out that the evolving regulatory landscape profoundly influences the operations and strategies of cryptocurrency exchanges. Compliance with regulations is crucial for maintaining trust, protecting users, and ensuring long-term sustainability. Considering potential regulatory changes, in the next 2-3 years, Huobi HTX will strengthen its compliance team to ensure compliance with evolving laws and regulations. They will also seek licenses or registrations from regulatory bodies worldwide to explore global compliance development. Furthermore, they will establish a special task force to actively engage with industry associations and regulatory agencies to jointly formulate industry standards." |
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