Huobi, the largest cryptocurrency exchange in China, has recently updated its crypto OTC withdrawal limits to restrict money laundering efforts from Chinese Traders. In an official statement, Huobi said, “All users (including advertisers) implement the “T+1” policy, that is, the assets after OTC purchase can only be withdrawn after 24 hours.” Additionally, all fiat-based transactions would have a 24-hour withdrawal limit and, in some cases 36 hours.