Crypto exchange HTX stops UK deposits after FCA settlement

HTX, the crypto exchange formerly known as Huobi, has stopped accepting deposits from British customers. The move follows a settlement with the UK's Financial Conduct Authority, under which HTX also agreed not to target UK users with crypto promotions. The exchange is effectively exiting the UK market. Why it matters: This reflects the FCA's ongoing push to enforce its marketing rules for crypto firms, which require clear risk warnings and a cooling-off period for first-time investors.

Do you think stricter crypto marketing rules protect consumers or push trading offshore?

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