Huobi and KuCoin serve customers of sanctioned Russian banks
Binance and ByBit may also have insufficient compliance policies.

Binance and ByBit may also have insufficient compliance policies.
One of the largest cryptocurrency trading exchanges, Huobi, is now considering expanding its services to China.
Prominent crypto exchange platform Huobi has listed a new altcoin project backed by the debt of FTX users.
Huobi Korea wants to be an independent exchange. It will buy all of its shares and rebrand to distance itself from Huobi Global.
The company has applied for a $14 million unsecured loan to cover customer losses.
According to New Huo Technology, the amount would be used, if necessary, to settle customer liabilities and assets resulting from FTX's insolvency.
Gibraltar-based cryptocurrency exchange Huobi has received the regulatory greenlight to offer its services in Australia.
The bear market in crypto hasn’t deterred venture capital firms from investing heavily in blockchain and Web3 projects.