UK FCA Reaches Settlement with HTX

As reported by TechFlow, on October 29, according to an announcement by the UK Financial Conduct Authority (FCA), the FCA has reached a settlement with HTX (formerly Huobi) and obtained an undertaking from the UK High Court requiring HTX not to knowingly promote cryptoasset services to UK consumers, directly or indirectly, in an unlawful manner. HTX had already taken measures to exit the UK market after the lawsuit was initiated. Currently, UK users cannot continue to make deposits, and new users cannot register.

The FCA filed a lawsuit against HTX in October 2025, alleging violations of financial promotion rules. The settlement reached between HTX and the UK regulator does not constitute an admission of wrongdoing or misconduct by HTX.

Source: TechFlow