The UK Financial Conduct Authority (FCA) has settled its High Court case against crypto exchange HTX, securing a court order that HTX will no longer target or solicit UK consumers with crypto promotions. HTX, formerly known as Huobi, has stopped accepting deposits and new sign-ups from UK users, who now have 48 hours to withdraw their assets before accounts are closed. This marks the FCA's first enforcement action against a crypto firm under UK financial promotion rules, signaling the regulator's intent to hold overseas crypto firms accountable for UK law compliance. The settlement terms remain confidential and do not imply admission of wrongdoing by HTX.
Justin Sun's HTX settlement with the UK FCA is the subject here, with Pluang's market snapshot as of Oct 29, 2026 18:53 WIB showing a breadth of 7 rising and 42 falling among 50 major cryptocurrencies. Notable moves include AXS at Rp16.838 with a 4.31% decline and a 99% sell order activity, KSM at Rp67.269 down 3.94% with 87% sell orders, and VET at Rp112 down 3.87% but with 76% buy orders. This data reflects active trading and mixed sentiment across these assets on Pluang.
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