HTX Agrees To Stop UK Promotions Following FCA Settlement

TL;DR HTX agreed to stop promoting its cryptocurrency services in the United Kingdom until October 2031 following a lawsuit filed by the FCA. The exchange has already blocked deposits, trading, and new account registrations for UK users. Existing customers can request a limited window to withdraw their funds. The settlement does not constitute an admission of liability. HTX has also faced allegations in the UK and European Union over its suspected ties to Russia. HTX agreed to suspend promotions of its cryptocurrency services in the United Kingdom until October 21, 2031 , following a court settlement with the UK’s Financial Conduct Authority (FCA). Huobi Global S.A., the Panama-based company behind the exchange, pledged not to knowingly engage in promotional activities that violate UK law.

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