HTX settles FCA case as UK users face 48-hour withdrawal window

HTX has settled its UK financial promotions case with the Financial Conduct Authority, agreeing to court undertakings lasting until Oct. 21, 2031, while eligible UK customers must request approval for a one-time 48-hour withdrawal window. Eligible UK customers must contact HTX support to request a one-time 48-hour withdrawal window. Court undertakings cover knowingly unlawful promotions through the exchange’s website, apps and social media. HTX says its UK restrictions and exit arrangements were implemented before the settlement. The confidential agreement contains no admission of liability or wrongdoing by Huobi Global or other parties. The Financial Conduct Authority said in its Oct. 29 announcement that HTX, formerly Huobi, is no longer active in Britain.

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