HTX hit by UK sanctions as regulators trace Russia links

The UK's sanctions on HTX highlight increasing regulatory scrutiny on crypto exchanges, potentially reshaping global crypto compliance norms. The post UK sanctions Huobi Global S.A. for ties to Russia sanctions-evasion networks appeared first on Crypto Briefing.

Formerly Huobi Global, the exchange is the latest entity to be named as part of a crackdown on companies “exploited by Russia to circumvent UK sanctions.”

British financial institutions are now barred from doing business with the exchanges—and may face penalties for interacting with crypto transactions that pass through them.

PRESS RELEASE. The evolution of finance is fundamentally a silent revolution focused on breaking barriers and enhancing efficiency. From the ringing bells of the Amsterdam Stock Exchange to the historic prosperity of New York’s Wall Street, traditional finance (TradFi) has built a vast, rigid, and tightly regulated capital operation system over the past centuries. However, […]

The EU's sanctions expansion pressures crypto platforms to enhance compliance, potentially reshaping global digital asset regulations. The post EU’s 20th sanctions package against Russia takes direct aim at crypto platforms appeared first on Crypto Briefing.

Britain has imposed sanctions on several crypto-related firms and financial networks linked to Russia, including entities registered in the United Arab Emirates and Georgia, as part of a new crackdown on sanctions evasion tied to Moscow’s war economy. According to…

Escalating tensions and stalled diplomacy between Russia and the U.S. diminish prospects for a near-term peace agreement in Ukraine. The post Russia strikes Kiev, calls for responsible US response amid rising tensions appeared first on Crypto Briefing.

On May 22, the global crypto community celebrated the annual Bitcoin Pizza Day. On this special day, which marks the origin of the blockchain spirit, HTX chose to leave its mark through compassion. The platform visited 42 GD Government School & Mosque in Okara, Pakistan, to host an educational charity