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.

The United Kingdom sanctioned a large crypto exchange, accusing it of "supporting the government of Russia."

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.

Britain applied banking-style sanctions to crypto exchanges for the first time, requiring U.K. financial firms to freeze funds and trace transactions.

The UK announced sanctions against HTX, formerly Huobi Global, as part of a crypto-focused package in response to Russia’s government using “dark networks and shadow financial…

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.

Britain sanctions crypto exchange HTX over Russian support

The UK sanctioned HTX exchange over alleged ties to Russian crypto networks, marking the first time Britain has directly targeted a major crypto platform.

U.K. expands sanctions targeting Russia-linked networks

The U.K. has sanctioned 18 crypto entities and individuals , including HTX, for using digital assets to help Russia bypass international trade blockades.

U.K. authorities sanctioned HTX, saying there were "reasonable grounds to suspect" the crypto exchange was helping Russia by cooperating with ruble stablecoin A7A5.

The UK sanctioned crypto exchange HTX due to alleged ties to Russian sanctions evasion networks and illicit financial activity.

UK sanctions Huobi Global S.A., operator of HTX, over alleged role in Russia’s “A7” shadow network as new analysis claims billions in high‑risk flows via the exchange.