HTX settles FCA case and exits the UK market

HTX has resolved its UK court proceedings with the Financial Conduct Authority (FCA) following "constructive engagement," settling the regulator's case over unlawful crypto promotions. Under the settlement, recorded by a High Court order, HTX has withdrawn from the UK market — blocking new registrations and UK deposits — and promised not to run illegal crypto promotions until October 2031.

• The FCA brought the case in October 2025, its first enforcement action against a crypto firm over illegal marketing; settlement terms are confidential and Huobi Global admitted no wrongdoing.
• The resolution follows separate UK and EU sanctions against Huobi Global in May and July over suspected Russia ties, which HTX disputed.