One of the world’s largest cryptocurrency exchanges Huobi will expand its operations in Canada and will open a new office in Toronto.

In a statement from Singapore noted that in the North American country is successfully developing P2P cryptocurrency trading, despite the hostile attitude of the local banks.

“Canada is the leading blockchain-country, and Toronto is going to become one of the most active nodes for the development of new technologies in North America. The yield on the canadian market will help Huobi to become a leader in the innovation of the blockchain and crypto-currencies,” — said the General Manager of Huobi Canada Ross Zhang (Zhang Ross).

He noted that the company hopes for a fruitful cooperation with the regulatory authorities of Canada to make joint efforts “to help market the blockchain assets become more secure.”

“The opening of the first canadian office in Toronto Huobi is a continuation of our efforts to help the industry become more reliable blockchain to it as soon as possible to receive public recognition,” said Zhang.

In January it was reported that Huobi is going to open an office in San Francisco. For this the company has already registered a new firm in the Network to combat financial crimes (FinCEN). In April, South Korea opened a cryptocurrency exchange Huobi Korea — this event was supposed to happen in January, but was postponed due to the tightening of regulation in the country.

Later on Huobi announced plans to open its first office in Europe in London.

This week announced ambitious plans for the company from Singapore to China, where she moved the business after the ban cryptocurrency trading. Blockchain incubator Huobi Labs signed an agreement with the Tianya Community, which among other things provides for the creation of the blockchain investment Fund of $1 billion.