Finance
UK regulator sues crypto exchange HTX over illegal promotions
Published by Global Banking & Finance Review®
Posted on February 10, 2026
1 min readLast updated: February 10, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 10, 2026
1 min readLast updated: February 10, 2026
The UK FCA is suing crypto exchange HTX for illegal promotions, affecting British consumers. HTX, formerly Huobi, ignored prior warnings.
LONDON, Feb 10 - Britain's Financial Conduct Authority said on Tuesday it had begun legal proceedings against global crypto exchange HTX, formerly known as Huobi, for illegally promoting cryptoasset services to British consumers.
The FCA said HTX had repeatedly issued illegal crypto promotions to British consumers despite prior warnings, including ads posted on its website and social media platforms.
(Reporting by Muvija M, writing by Sam Tabahriti, editing by William James)
Compliance in finance refers to adhering to laws, regulations, and internal policies governing financial practices. It ensures that organizations operate within legal frameworks and maintain ethical standards.
A trading platform is software that allows investors to buy and sell financial securities, such as stocks and cryptocurrencies, through online brokerage services.
Digital assets are any assets that exist in a digital form, including cryptocurrencies, digital currencies, and tokens. They can be traded or used for transactions online.
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