Huobi exchange is planning to relocate its headquarters from Seychelles to the Caribbean island nation of Dominica.
On the evening of 02/11, Justin Sun – founder of Tron and senior advisor of Huobi revealed plans to move the company’s headquarters to The Financial Times. He said the Caribbean is a very crypto-friendly community and Dominica is a pioneering land. In addition, Panama or the Bahamas are also suitable candidates.
Huobi’s official account later retweeted Sun’s statement implicitly confirming the information.
— Huobi (@HuobiGlobal) November 2, 2022
Furthermore last month, Dominica recognized Tron-type coins as its currency, chose TRON as its national blockchain network, and issued the Dominica Fan Token (DMC). According to Sun, Dominican Prime Minister Roosevelt Skerrit is “a very tech-savvy person and how cryptocurrencies work.”
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