COINDESK · 2026-10-29 16:11 UTC

Crypto exchange HTX exits the UK after settling with the FCA

HTX (formerly Huobi) has withdrawn from the U.K. after settling with the FCA over illegal financial advertising of crypto services to U.K. consumers. The FCA obtained High Court rulings preventing HTX from promoting crypto services in the U.K.; the exchange continued advertising despite an October 2023 FCA warning and was sued in October 2025. U.K. users can no longer deposit or sign up, and must withdraw assets through HTX's website; the settlement terms are confidential and do not constitute an admission of wrongdoing.

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