HTX responded to UK sanctions targeting Huobi Global S.A., clarifying that the sanctioned entity is separate from its trading platform operations. The UK sanctions focus on specific legal entities linked to Russia-related financial restrictions but do not affect HTX's global user assets or trading activities. HTX confirmed that deposits, withdrawals, and trading continue without disruption, and reassured users that their funds remain safe. The exchange is actively communicating with authorities and addressing concerns about risk labels and compliance checks from other exchanges.
The UK government has imposed sanctions on Huobi Global S.A., operator of the HTX exchange, accusing it of facilitating financial services for Russian-linked networks evading Western sanctions. These sanctions include asset freezes and bans on paymen...
The UK government has sanctioned the crypto exchange HTX, formerly known as Huobi Global, accusing it of providing financial services linked to Russia and sanctioned entities A7 Limited Liability Company and Garantex Europe OU. The sanctions include ...
Cryptocurrency markets saw a general downturn with Bitcoin falling about 1.9% to $76,097 and Ethereum dropping 2.5% to $2,075.87. Most major altcoins also declined, though a few tokens like RAIN and WLD posted significant gains of 39% and 24% respect...
The UK government has sanctioned Huobi Global S.A., linked to HTX, for allegedly supporting Russia-connected financial networks, particularly the Kremlin-backed A7 network. The sanctions freeze assets and block British firms from processing payments ...
