HTX Ends UK Activity as FCA Secures Court Undertakings on Crypto Promotions
Summary
The FCA says HTX has stopped operating in the UK after agreeing to High Court undertakings in litigation over cryptoasset promotions. HTX cannot knowingly promote its services unlawfully, seek UK consumers, register new UK customers or accept deposits. The settlement is not an admission of wrongdoing or liability. Existing customers are directed to HTX’s published arrangements for residual assets; the FCA announcement sets no universal withdrawal deadline. The case highlights that exchanges must align marketing, onboarding and service access with local restrictions, and that consumers should verify the specific legal entity and permissions involved.
