HTX agrees to halt unlawful UK crypto promotions after FCA case
Summary
HTX, formerly Huobi, agreed to stop unlawfully promoting its services to UK consumers. It no longer accepts UK customer deposits or new registrations. Huobi Global promised the High Court not to knowingly run illegal promotions through October 21, 2031, but did not admit liability. The FCA said this was its first enforcement action against a crypto firm over illegal marketing. The settlement follows UK sanctions against Huobi Global and an EU transaction ban on HTX.
