Crypto exchange HTX stops accepting deposits from UK customers and agrees to end or restrict UK marketing after a settlement with the UK financial regulator, the FCA. Reporting across outlets says the action follows the FCA’s case against the firm over its promotional practices.
Several sources describe HTX as linked to Justin Sun and note it will not target UK consumers with crypto promotions. Cointelegraph adds a longer-term commitment, saying HTX pledges to halt “unlawful” UK crypto promotions until October 2031, alongside blocks on deposits and new account registrations. The Financial Times frames the settlement as the result of the FCA suing the exchange for unlawfully promoting crypto asset services.
While details vary, the overall picture is consistent: the FCA settlement results in UK customer access changes and tighter restrictions on how HTX can market its services in the UK. Outlets differ mainly on how much detail they provide about timelines and the specific operational changes imposed in the agreement.
