UK Regulator Restricts HTX Over Unlawful Promotions
Britain's financial regulator secured a court-backed agreement barring cryptocurrency exchange HTX from unlawfully promoting services to UK customers. The company agreed to halt targeting UK consumers following legal proceedings initiated by the FCA.
Cryptocurrency exchange HTX agreed to bar itself from knowingly promoting services to United Kingdom customers following a High Court legal battle brought by regulators. It marks the first time financial authorities have taken an overseas crypto platform to court over unlawful marketing. The action underscores rising regulatory pressure on global crypto firms operating across borders via the internet.
