HTX bars Russian users, gives seven days to withdraw funds
- —HTX added Russia to its restricted jurisdictions list in an updated user agreement
- —Russian clients were given seven business days to withdraw assets before account blocks
- —HTX was included in the EU's July sanctions package; the EU ban took effect on August 23
- —Bitget and MEXC made similar moves, with OKX, KuCoin and Bybit potentially next
Why it matters: Russian traders are losing access to a major exchange, and pressure on the remaining platforms is likely to grow.
Source: BitNovosti