Huobi, one of the largest crypto-currency exchanges in the world, opens its office in Brazil without much publicity. According to local media reports, the management of the Singapore company was spotted at a trade event in this South American country where it actively contacted the well-known figures from the Brazilian crypto-currency community. It was also reported that Huobi has already rented an office in São Paulo, the country's largest city, considered its financial capital. In addition, the company began to search for local staff through LinkedIn, in particular, opening the vacancy of the Compliance Director and the Manager of the Digital Market. Huobi, who moved from China to Singapore last fall after the ban on the country's crypto-currency trade, has been actively expanding its activities around the world in recent months. In January, it was reported that Huobi intends to open an office in San Francisco. In April, the crypto-exchange Huobi Korea began its work in Korea - this event should have happened earlier, but was postponed due to tightening of regulation in the country. Next, Huobi announced plans to open its first offices in Europe and Canada - in London and Toronto, respectively.
Brazil has good volumes and prospects. Interestingly, this will affect the operation and price of bitcoin in 2018. I'd love to know How many bitcoins people own in Brazil ?