Regulation● Neutral

HTX Agrees to Leave the UK in Deal With Financial Watchdog

TradingGain Newsroom·1h ago·29 Oct 2026, 12:58 UTC

HTX, an exchange linked to Justin Sun, has agreed to leave the UK under a settlement with the Financial Conduct Authority. It will stop targeting UK consumers, which closes the FCA's first case against a crypto firm over marketing. For traders, it shows that UK regulators are willing to act on how crypto platforms promote their services.

Why it matters

HTX will stop targeting UK consumers as part of the settlement.
The case was the FCA's first against a crypto firm over marketing.
Promotion rules for crypto platforms serving UK users are becoming a clearer regulatory focus.

What to watch next

Watch for any further FCA action against crypto firms over marketing, and whether other exchanges change how they promote to UK users.

This brief is written by TradingGain from public reporting by Decrypt.Read original ↗

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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.