Crypto exchange Huobi Korea is reportedly planning to purchase its shares from its parent company Huobi Global. The crypto platform also plans to later change its name, according to the South Korean media outlet News1 in a January 9 report. Huobi Global co-founder Leon Li currently owns 72 percent of shares in Huobi Korea, according to Cointelegraph. The plan is for Huobi Korean chairman Cho Kook-bong to acquire Lis share in the Korean company. Aside from owning shares in the exchange, Cho also owns a major crypto-mining operation in the country. The parent firm Huobi reportedly…
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