The Chinese division of the Huobi cryptocurrency exchange has become one of the first members of the blockchain Services Network (BSN) Alliance launched by the State information center (SIC).
BSN will also be joined by Chinese payment company China UnionPay, state-owned telecommunications giants China Mobile and China Telecom, China international trade Bank and WeBank, owned by the Tencent conglomerate.
Local publication Xinhua News reports that the Alliance has developed a blockchain-based infrastructure platform that will connect various networks, regions and organizations. The platform was developed by China UnionPay and China Mobile.
At the end of November, the Russian division of the Huobi cryptocurrency exchange announced the start of accepting deposits in rubles. Also, the Huobi Russia exchange received approval from the Ministry of justice of Uzbekistan to conduct operations using digital assets.