Dear Diary: Good News For Steem Because It Is Now Available in Huobi

Well this is a great news for steem price valuation in particular because STEEM, Monero, and STELLAR XLM got listed in Huobi.com a big exchanger located in the US boasting about their security and government regulations compliance.

Well that explains the good price action of our favorite crypto which is none other than STEEM. I do hope that no sell pressure tames down the minor pump again because it always does since there are also many big stake holders that can do such a thing fro their interests.

We just needed a lot of people to use steem and its dapps so that it will give more value to steem and this would take a little time which unfortunately in my case I do not have much.

My country is crypto-friendly because the central bank already issued a guideline over the use of it and we can read it here;
http://www.bsp.gov.ph/downloads/regulations/attachments/2017/c944.pdf

So exchanges can operate in my place, they just have to comply with anti-money laundering law (AML) so that the use of cryptocurrencies would not be used in illegal ways. Customers also have to comply with (KYC) protocol for security and above mentioned reasons.