News Explorer — UK Sanctions HTX for Allegedly Aiding Russia, Banning Financial Relationships With the Exchange

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May 26, 6:15 pm

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UK Sanctions HTX for Allegedly Aiding Russia, Banning Financial Relationships With the Exchange

The United Kingdom imposed sanctions on HTX, a major crypto exchange, for allegedly aiding Russia by providing financial services to entities in the Russian financial sector. The British government banned all institutions from engaging in financial relationships with HTX and may consider any on-chain transactions involving the exchange as prohibited.

The United Kingdom imposed sanctions on HTX, a major crypto exchange, for allegedly aiding Russia by providing financial services to entities in the Russian financial sector. The British government banned all institutions from engaging in financial relationships with HTX and may consider any on-chain transactions involving the exchange as prohibited.

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