The UK's Financial Conduct Authority (FCA) has stopped HTX from operating in the UK following a confidential settlement and High Court order. HTX users in the UK can no longer deposit funds or sign up, and the exchange will not target UK consumers. The FCA alleges HTX illegally promoted crypto services, marking its first enforcement action under new crypto marketing rules effective since October 2023. The settlement does not admit wrongdoing but restricts HTX's financial promotions until 2031, with potential court enforcement if breached.
HTX's UK operational halt coincides with a day where only 7 out of 50 major cryptocurrencies on Pluang rose. For readers following the crypto market, here is Pluang's snapshot as of Oct 29, 2026 18:53 WIB: AXS fell 4.31% to Rp16.838 with 99% sell orders, KSM dropped 3.94% to Rp67.269 with 87% sell orders, and VET declined 3.87% to Rp112 but had 76% buy orders. Overall, 42 cryptocurrencies declined today.
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