FCA secures court undertakings to stop HTX from promoting crypto to UK consumers

The UK Financial Conduct Authority secured High Court undertakings against HTX (formerly Huobi), a global crypto exchange, to prevent it from knowingly promoting cryptoasset services unlawfully to UK consumers. The FCA took legal action in October 2025 after HTX repeatedly failed to engage with regulators. Following the commencement of proceedings, HTX exited the UK. The settlement means HTX is no longer active in the UK, consumers can no longer make deposits, and new UK users cannot sign up.