Huobi HTX Officially Approved for Exchange Platform License Registration

By: blockbeats|2026/04/17 11:57:47

Article Source: HTX

The international leading digital asset exchange platform Huobi HTX, with over 50 million registered users worldwide, announced today that it has officially obtained a No Objection Certificate (NoC) issued by the Pakistan Virtual Asset Regulation Authority (PVARA). This marks the beginning of the compliance exchange platform licensing application process under the framework of the Virtual Assets Ordinance, 2025.

Obtaining the NoC is a milestone, making Huobi HTX one of the first two global digital asset platforms to apply for a Pakistan virtual asset license, and it also signifies Pakistan's significant progress towards a standardized and innovative digital asset ecosystem. Following the issuance of the NoC, Huobi HTX will continue to advance the relevant compliance and formal licensing process in accordance with the Virtual Assets Ordinance, 2025, closely communicating and cooperating with PVARA to complete the final comprehensive authorization.

Through obtaining this NoC issued by PVARA, Huobi HTX will also proceed to register with the Financial Monitoring Unit (FMU) for Anti-Money Laundering (AML) services, covering services such as virtual asset exchange platforms, brokerage trading, custody, and derivative services, while preparing for subsequent full Virtual Asset Service Provider (VASP) licensing.

Justin Sun, Global Advisor to Huobi HTX, stated:

"Pakistan is one of the fastest-growing cryptocurrency markets globally, with millions of young, tech-savvy users actively participating in the global digital economy. We are honored to have obtained the No Objection Certificate from PVARA and will continue to work closely with regulatory agencies to establish the highest industry standards for compliance, transparency, and user protection. This approval is not only a recognition of Huobi HTX but also a vote of confidence in Pakistan's vision for cryptocurrency development."

About Huobi HTX

Founded in 2013, Huobi HTX has developed over 12 years from a cryptocurrency exchange platform into a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation, and other businesses.

As a global leading Web3 portal, Huobi HTX adheres to a development strategy of global expansion, ecological prosperity, wealth effect, security, and compliance, providing comprehensive, secure, and reliable value and services to cryptocurrency enthusiasts worldwide.

This article is a user submission and does not represent the views of BlockBeats.

-- Price

Setting aside short-term market fluctuations, the underlying logic of digital assets is changing. The accelerated integration of capital markets, the implementation of regulatory frameworks, and the continuous optimization of infrastructure constitute the core driving forces of current industry deve...

The midlife crisis of Crypto GP: Without PMF, there is no next check from LP

After losing the vastness of the stars and the sea, most Crypto GPs that failed to earn excess returns in this cycle must pragmatically launch a product with PMF, either by proving their ability to help LPs earn excess returns through some niche market, or by solving specific problems for LPs/partne...

Why is Peter Thiel, behind Palantir, preparing an exit in Argentina?

Palantir, political risk, and the self-preservation of technological oligarchs.

The broken defense of Solana's guardians: In order to tear apart Hyperliquid, they actually picked up the script that Ethereum once criticized itself?

HYPE surge sparks a battle of giants. Solana's leader angrily criticizes Hyperliquid for being too centralized, while Arthur Hayes counters with a strong rebuttal, betting $100,000.

Interview with macro master Raoul Pal: The AI competition is giving rise to an "economic singularity," don't easily give up your chips in the next four years

Compared to Nasdaq, Bitcoin is currently in a severely oversold position within its long-term trend.

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times his investment in storage stocks? (Six) - The Trap of Homogeneous Products

In-depth analysis of the cyclical curse of storage stocks: The short-term windfall brought by AI is unsustainable, and rigid capacity will ultimately backfire on prices. Beware of the "low price-to-earnings ratio" wealth trap at the cyclical peak.

"Trapped in the cryptocurrency world: Don't let the anxiety of missing out force you onto the most dangerous last train."

When global assets reach new highs, cryptocurrency becomes the only uninvited guest.

BIS's latest research: The future of stablecoins and the global monetary landscape

The report believes that stablecoins will strengthen the dominance of the US dollar in the short term, posing risks to the monetary sovereignty of emerging markets and developing economies, while the long-term trajectory will depend on their adoption models, regulatory responses, and the synergy of ...

Morning News | Michael Saylor releases Bitcoin Tracker information; Aave releases post-attack investigation on Kelp rsETH bridge; Gravity Bridge announces service suspension after being attacked

Overview of Important Market Events on May 31

Three years later: Looking back at my judgment of ChatGPT in 2023

In fact, it's not that difficult to see the big picture; the hard part is admitting that we have repeatedly taken for granted the numbers, speed, and distribution.

From Casino Tools to Global Pricing Machines: The NYSE Leader's Perspective on Hyperliquid

"Why can they do it, but we can't?" This rhetorical question not only reveals the anxiety of traditional exchanges but also reflects the subtle and complex game between TradFi and DeFi after perpetual contracts have shifted from being gambling tools to global price discovery infrastructure.

A Detailed Analysis of "Stock God Serenity" Investment Methodology

In the major trend of AI and other areas, instead of buying the most eye-catching popular stocks, we should drill down along the industry chain to find the most irreplaceable bottlenecks in future architectural migrations, and place bets in advance while old financial reports, old valuations, and ol...

Sharplink CEO: The future of Ethereum is unfolding

The market is focused on the ETH price and foundation controversies, but overlooks the bigger picture: Ethereum is far ahead in stablecoin settlement, RWA, and DeFi, and has already met the conditions for institutional adoption.

Morning Report | Korea Investment & Securities and OKX plan to jointly acquire 40% of Coinone; Polymarket denies implementing KYC comprehensively; Grayscale delays U.S. stock IPO plans

Overview of Important Market Events on May 28

Bit Digital CEO: Why I Bought More ETH

Valuation re-evaluation will never come from retail investors' enthusiasm for narratives; for an asset with such a vast underlying infrastructure, that has always been a fragile foundation. The real catalyst is institutional demand, and institutional demand does not operate according to the timeline...

A Decade of Three Waves of Stock Tokenization from Bitget's Reality: An Unfinished Financial Exploration

Reality represents the latest step in this revolution. What the next step is, is not in Bitget's release materials, but in the next 12 to 24 months, on the first day Nasdaq goes live, on the day the SEC's new regulations take effect, and on the day Bitget can obtain a formal financial license in a m...

"Hu Run Baifu" Dialogue with Sun Yuchen: A New Paradigm of Value Circulation in the Web3 Transformation Cycle

In an exclusive interview with Hurun Report, Sun Yuchen succinctly summarized his long-term core goal: "To enable anyone in the world, regardless of their location or whether they have a bank account, to transfer and use their funds at low cost and high efficiency."

Is it hackers and regulation that ruined DeFi?

The future of DeFi will either move towards a stricter industry self-discipline and compliance framework, forced to compromise on the principles of decentralization; or it will gradually lose market confidence in the ongoing imbalance of offense and defense, leading to long-term marginalization.

The broken defense of Solana's guardians: In order to tear apart Hyperliquid, they actually picked up the script that Ethereum once criticized itself?

HYPE surge sparks a battle of giants. Solana's leader angrily criticizes Hyperliquid for being too centralized, while Arthur Hayes counters with a strong rebuttal, betting $100,000.

Interview with macro master Raoul Pal: The AI competition is giving rise to an "economic singularity," don't easily give up your chips in the next four years

Compared to Nasdaq, Bitcoin is currently in a severely oversold position within its long-term trend.

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times his investment in storage stocks? (Six) - The Trap of Homogeneous Products