Update
HTX Agrees to Leave UK in Settlement With FCA
Crypto exchange HTX, formerly known as Huobi, has agreed to leave the UK after settling a lawsuit brought by the Financial Conduct Authority (FCA) over illegal crypto promotions. The FCA secured undertakings in the High Court that HTX will not knowingly promote crypto services unlawfully to UK consumers. HTX is no longer active in the UK, and UK consumers can no longer make deposits or sign up for new accounts. The settlement does not amount to an admission of liability or wrongdoing, and the terms are confidential.