Regulation· ★★★· neutral·

FCA Secures High Court Undertakings From HTX Until 2031

  • —HTX has stopped serving UK users: no deposits, trading or new sign-ups
  • —Huobi Global S.A.'s undertakings run until Oct. 21, 2031
  • —Withdrawals require a support request and a one-time 48-hour window
  • —Settlement terms are confidential and include no admission of wrongdoing
Why it matters: The FCA has shown overseas exchanges are not beyond UK law when they market to British consumers.
Source: Blockonomi