UK FCA settles enforcement action against HTX as exchange exits market
CIE News ·
Based on an official regulatory or court document.
The UK Financial Conduct Authority reached a High Court settlement with HTX over unauthorized crypto promotions. HTX has blocked new sign-ups and deposits as it exits the UK market.
The UK Financial Conduct Authority announced a High Court settlement with crypto exchange HTX and Huobi Global S.A. after taking legal action over unauthorized cryptoasset promotions. Following the enforcement proceedings initiated in October 2025, HTX has ceased marketing operations, blocked new UK user registrations, and halted deposits from existing British customers. The regulator stated that HTX is leaving the jurisdiction and directed UK users to the exchange's website for asset withdrawal arrangements.
Key facts
- High Court settlement reached
- HTX exiting UK market
- New UK sign-ups blocked
- Customer deposits halted
Read the original at fca.org.uk