FCA targets unlawful crypto promotions
The Financial Conduct Authority (FCA) has secured High Court undertakings preventing HTX (formerly Huobi), a global crypto exchange, from knowingly promoting cryptoasset services unlawfully to UK consumers.
The FCA initially took legal action against HTX in October 2025 for breaking UK financial promotion rules. However, HTX had failed repeatedly to engage with the FCA.
Following the commencement of proceedings, HTX took steps to exit the UK. The FCA and Huobi G...
Continue reading this article...
Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact [email protected]
