HBUS

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HBUS is a virtual currency marketplace headquartered in San Francisco, California ​. They are the strategic US partner of Huobi ​ and offer trading to United States residents in select states. [1]

History

The HBUS platform had been in development since January of 2018. They registered with the Financial Crimes Enforcement Network ​ (FinCen) ahead of their launch on March 21, 2018. [2] Frank Fu was appointed the CEO of HBUS on June 25, 2018, coming from his last roles at Meitu as managing director and international investor. [3] HBUS was a sponsor of the Blockchain Connect Conference in San Jose, California on June 26th to June 27th. [4] They launched their platform on July of 2018, opening for registration on July 6th and for trading on July 10th. [5] On July 17th, 2018 they opened their API to the public. [6] HBUS is the strategic partner of Huobi meaning they are not a branch or affiliate, they are two seperate companies and entities. [7]

Products

HBUS currently offers trading of many digital assets, including Tether (cryptocurrency), Bitcoin ​, TrueUSD, Ethereum ​, Bitcoin Cash, Ethereum Classic, Litecoin ​, Dash, and Qtum. Their platform uses some of the same security features of Huobi, including cryptocurrency wallet technology, distributed architecture, and a DDos-mitigation layer. HBUS uses the security verification system Onfido to verify users.

Compliance

HBUS is a FinCen registered MSB. They operate in 41 US States with the exception of Alabama, Connecticut, Georgia, Louisiana, New York, North Carolina, Hawaii, Vermont, and Washington.

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