Update
HTX Exits UK Market
The Financial Conduct Authority (FCA) in the UK secured a High Court order against HTX, formerly Huobi, requiring the exchange to cease knowingly communicating unlawful crypto promotions until October 21, 2031. HTX will no longer solicit UK consumers and will stop operating new registrations and deposits in the UK. The FCA raised concerns about HTX’s opaque ownership and platform operators, and the terms of the agreement remain confidential. HTX admitted no liability or wrongdoing.