In an attempt to grow into the U.S. market, Singaporean cryptocurrency exchange Huobi Group has given U.S. sister exchange HBUS the right to use its name and website. In a statement, CEO and Founder Leon Li said that Huobi Group has lacked resources to move into the U.S. market. Partnering with HBUS opens up the U.S., while shielding Huobi Global from regulation and licensing requirements.