UK regulator sues crypto exchange HTX over alleged illegal promotions #
The UK Financial Conduct Authority has launched legal action against crypto exchange HTX, alleging that the company promoted cryptoassets to UK consumers without proper authorisation. The regulator claims the exchange breached financial promotion rules by marketing services that were not approved by an authorised firm, in violation of the UK’s tightened crypto advertising regime
The case marks one of the FCA’s most direct enforcement steps against an overseas crypto platform under its updated financial promotion framework. Since the rules came into force, the regulator has increased scrutiny of firms targeting UK consumers, requiring clearer risk warnings and stricter approval processes. The outcome could signal how aggressively UK authorities intend to pursue non-compliant crypto exchanges operating across borders.