HTX exits the UK market and settles litigation with the FCA over illegal advertising

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Cryptocurrency exchange HTX has reached a settlement with the FCA over litigation concerning illegal marketing targeting UK consumers and has exited the UK market. UK users can no longer deposit funds, new users cannot register, and HTX has committed not to actively solicit UK consumers through its website, app or social media, but the settlement terms are confidential and do not constitute an admission of liability. To resume serving UK users, HTX would need to pass FCA scrutiny; under the current anti-money laundering registration regime, only 68 of the 391 applications completed between January 2020 and August 1, 2026 were registered.