HTX

HTX delisted the Trump family's USD1 token after World Liberty froze its addresses, leading HTX to suspend the platform's token.

HTX has delisted a Trump-linked token called USD1 after World Liberty Financial froze HTX-linked on-chain addresses, citing compliance with UK sanctions.

The UK has sanctioned Huobi Global S.A., operator of HTX, over alleged involvement in Russia’s 'A7' shadow network, with new analysis claiming the exchange handled $7.6 billion in high-risk flows. HTX denies the allegations.

Major cryptocurrency exchanges have intensified scrutiny of transactions involving HTX amid UK sanctions against the platform. The increased oversight reflects compliance efforts to align with regulatory measures targeting HTX.

Crypto exchange HTX has denied allegations of U.K. sanctions, stating it refused to list a ruble-backed stablecoin. The exchange claims it has not violated any regulations by rejecting the ruble stablecoin listing.

UK authorities have sanctioned HTX (formerly Huobi Global), a cryptocurrency exchange, as part of efforts to target companies aiding Russia in circumventing UK sanctions. The move is part of a broader crackdown on entities exploited by Russia for sanctions evasion.

The UK has imposed sanctions on Justin Sun's HTX and other cryptocurrency firms, citing alleged ties to Russia. British financial institutions are prohibited from conducting business with these exchanges and may face penalties for handling related transactions.

The United Kingdom sanctioned the crypto exchange HTX, accusing it of supporting the Russian government. This action is part of a broader crackdown on crypto exchanges linked to Russia.