Crypto exchange Huobi to launch its own public blockchain for DeFi services
Crypto exchange Huobi announced its intentions to launch its own public blockchain network, Finance Chain, in collaboration with Nervos by Q2 2020. Finance Chain is purpose-built for Wall Street institutions and will host a list of DeFi services including tokenization, lending, and stablecoins according to The Block. Regulators can also join as nodes to ensure proper KYC and AML protocols.
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