HTX Exits the UK and Stops Illegal Promotion
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AI-assisted source synthesis · not an independent investigation.
On October 29, 2026, the UK Financial Conduct Authority (FCA) stated that it had obtained undertakings through the High Court to prevent HTX from knowingly and unlawfully promoting cryptoasset services in the UK, and said that HTX had exited the UK market. According to the FCA, UK users can no longer deposit funds with HTX, new users cannot register, HTX must not actively solicit UK consumers, and existing users should review the asset withdrawal arrangements published on its website. Later the same day, Finance Magnates reported that HTX had reached a settlement with the FCA over a lawsuit concerning illegal marketing to UK consumers and had exited the UK; HTX committed not to actively solicit UK consumers through its website, app, or social media, but the settlement terms are confidential and do not represent an admission of liability. If it serves UK users again in the future, HTX will need to undergo FCA review.
AI-written from reports · updated 2 hours ago
Timeline
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- Finance MagnatesSelectedHTX exits the UK market and settles litigation with the FCA over illegal advertising
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.
- FCA (UK)SelectedFCA secures High Court undertaking to stop HTX from unlawfully promoting cryptoasset services in the UK
FCA has secured a High Court undertaking to stop HTX from knowingly and unlawfully promoting cryptoasset services in the UK, and HTX has now exited the UK market. UK users can no longer deposit with HTX, and new users cannot register; HTX must not proactively solicit UK consumers, and users should check the asset withdrawal arrangements published on its website.
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