News · Regulation & Policy
HTX agreed to exit the UK market and halt promotions following an FCA legal battle over unauthorized marketing.
Key point 1 of 3
01
The FCA settled High Court proceedings against Huobi Global S.A., barring HTX from marketing services in the UK.
Key point 2 of 3
02
HTX has halted all deposits and new UK sign-ups, restricting existing domestic users to asset withdrawals.
Key point 3 of 3
03
The confidential settlement includes court undertakings under Section 21 of FSMA 2000 without an admission of liability.
Context
The FCA initiated legal action against HTX in the High Court in October 2025 over repeated failures to comply with UK financial promotion standards and regulator inquiries.
Why it matters
UK retail investors are barred from joining HTX or depositing funds, while offshore exchanges face active legal enforcement if they solicit UK consumers without authorization.
What to watch
The implementation of the UK's broader statutory crypto licensing and regulatory regime set to expand in October 2027.
Sources
Built from 1 primary source, machine-checked before publication.
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