HTX exits UK after settling with FCA over ad breaches

HTX, the exchange formerly known as Huobi, has withdrawn from the UK after settling with the Financial Conduct Authority over alleged breaches of financial advertising rules, without admitting wrongdoing. The FCA, which secured High Court rulings and had warned the exchange since October 2023 before suing in October 2025, says UK users can no longer make deposits or register, and HTX must not target British consumers via its website, apps or social media.

• Existing customers are directed to HTX's website for instructions on withdrawing their assets; settlement terms are confidential.
• The action comes as Britain prepares to bring more crypto activities under regulation in October 2027.