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UK sanctions Huobi Global S.A. for ties to Russia sanctions-evasion networks
The UK sanctioned Huobi Global S.A. (HTX) for ties to Russian sanctions-evasion networks, marking the first use of Regulation 17A against a crypto exchange.
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theblock.co
UK sanctions HTX over support of Russia in broad sweep over crypto exchanges
The United Kingdom sanctioned a large crypto exchange, accusing it of "supporting the government of Russia."
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decrypt.co
UK Issues Sanctions Against Justin Sun's HTX, Other Crypto Firms Over Alleged Russia Ties - Decrypt
British financial institutions are now barred from doing business with the firms—and may face penalties for interacting with crypto transactions that pass through them.
