Crypto exchange HTX agrees to stop promoting services in UK, regulator says
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LONDON, Oct 29 : Britain's financial regulator has secured a High Court agreement that HTX, a cryptocurrency exchange, will not knowingly promote cryptoasset services unlawfully to UK customers, the watchdog said on Thursday.
The Financial Conduct Authority last October sued HTX — formerly known as Huobi — one of the world's largest crypto platforms, in which Chinese billionaire Justin Sun bought a controlling stake in 2022.
The FCA said it had reached an agreement with Huobi Global under which HTX would not target, solicit or actively seek to engage UK consumers.
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