Money & Access
Crypto exchange HTX exits UK under FCA settlement deal
Image credit: Bitcoin Magazine
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Cryptocurrency exchange HTX has agreed to leave the United Kingdom as part of a confidential settlement with the Financial Conduct Authority, Bitcoin Magazine reported. The agreement marks the FCA's first enforcement action against a crypto marketing case. Sanctions imposed by UK and EU authorities against HTX remain in effect despite the settlement.
The exchange's departure resolves the immediate regulatory dispute with British authorities, though the underlying international restrictions continue to constrain its operations.
