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EU sanctions crypto firm HTX linked to Justin Sun for aiding Russian sanctions evasion, imposing transaction limits.

Market News
24 Jul 2026
Crypto news
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Bearish
pluang ai news

The European Union has included HTX, a crypto exchange linked to Justin Sun, in its 21st sanctions package against Russia for allegedly helping Russian users evade financial sanctions. HTX faces transaction restrictions but no asset freeze under the new EU measures. This move adds to existing UK sanctions against HTX and reflects the EU's broader effort to clamp down on financial channels supporting Russia amid the Ukraine conflict. Additionally, from August 25, Belarusian nationals will be barred from owning or managing crypto firms regulated under the EU's Markets in Crypto-Assets framework, tightening crypto industry controls further.

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