HTX adds Russia to restricted jurisdictions and exits the market
- —Russia is listed alongside the US, Iran and EU in clause 1.2 of HTX's terms
- —Users were given seven business days to withdraw, with no official blocking date
- —Russia accounted for 23.2% of HTX traffic, or 1.41 million visits in August
- —HTX was previously sanctioned by the UK and EU over sanctions evasion
Why it matters: The exit of a third major exchange in a week deepens isolation for Russian traders and raises the risk of frozen funds from a sanctioned platform.
Source: BeInCrypto RU