Key facts
- HTX has reached a confidential settlement with the UK's Financial Conduct Authority.
- The settlement requires HTX to cease its operations in the UK.
- This case was the FCA's first enforcement action related to crypto marketing.
Crypto exchange HTX has agreed to leave the UK as part of a confidential settlement with the Financial Conduct Authority (FCA). This agreement resolves the FCA's inaugural enforcement action concerning crypto marketing practices. Despite this settlement, HTX continues to face existing sanctions imposed by both the UK and the European Union.