According to Cointelegraph, HTX has agreed to halt all cryptocurrency marketing and promotional activities in the United Kingdom until at least October 2031. The company already prevents new account registrations and accepts deposits in the UK under current restrictions.
The decision follows a regulatory case brought by the Financial Conduct Authority (FCA). Under FCA guidance, HTX’s prior promotions were deemed unlawful. The agreement requires HTX to cease any form of crypto promotion that complies with the FCA’s enforcement requirements.
No additional details about penalties, timelines beyond 2031, or internal procedures are provided. The measure applies only to UK operations; other jurisdictions remain unaffected by this specific action.
