HTX Reaches FCA Settlement, UK Users Granted 48-Hour Withdrawal Period
HTX has settled with the UK's Financial Conduct Authority, imposing a decade-long promotional ban and a limited withdrawal window for UK customers.
HTX has settled with the UK's Financial Conduct Authority, imposing a decade-long promotional ban and a limited withdrawal window for UK customers. HTX DAO (HTX) is trading at $0.00000163. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Thu, 29 Oct 2026 18:15:03 UTC.
The settlement imposes significant restrictions on HTX's UK operations and creates a critical window for users to access their funds, reflecting the FCA's ongoing scrutiny of crypto platforms' compliance with financial regulations.
- HTX settles FCA case with promotional ban until October 2031.
- UK users have 48 hours to withdraw funds under the settlement.
- FCA continues to enforce strict compliance on crypto platforms.
HTX, the crypto platform formerly known as Huobi, has settled a case with the UK's Financial Conduct Authority (FCA) that imposes significant restrictions on its operations in the country. The settlement includes a ban on promotional activities in the UK that will last until October 21, 2031, as confirmed by both Crypto.news and AMBCrypto.
As part of the settlement, UK users of HTX will have a one-time 48-hour window to withdraw their funds. This window is intended to provide users with an opportunity to access their assets following the regulatory action taken by the FCA against the platform.
The FCA has been increasingly active in enforcing compliance among crypto platforms, and this settlement is the latest example of its efforts to regulate the industry. The agreement with HTX follows a pattern of the FCA imposing strict conditions on crypto companies to ensure they adhere to financial regulations.
The total cryptocurrency market cap currently stands at $2.79 trillion, with the overall market showing a flat trend.
Bitcoin has seen a 24-hour increase of 0.88%, while the Fear & Greed Index is at 51, indicating a neutral market sentiment.
HTX DAO, the native token of the platform, is trading at $0.00000163, with a 24-hour increase of 0.24% and a 7-day decrease of 0.94%, giving it a market cap of $1.45 billion.
The settlement highlights the challenges faced by crypto platforms in navigating regulatory environments across different jurisdictions. It also underscores the importance for users to be aware of the potential risks and regulatory changes that could affect their ability to access and use their crypto assets.
Since this brief published about 3 hours ago, HTX DAO (HTX) has moved from $0.00000163 to $0.00000163 — +0.00%.
The chart plots HTX's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 HTX ≈ ₦0.002252 (about $0.00000163), up 0.4% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
HTX Reaches FCA Settlement, UK Users Granted 48-Hour Withdra — questions & answers
What restrictions has the FCA imposed on HTX?
The FCA has banned HTX from conducting promotional activities in the UK until October 21, 2031.
How long do UK users have to withdraw funds from HTX?
UK users have a one-time 48-hour window to withdraw their funds.
What is the current market cap of HTX DAO?
The market cap of HTX DAO is $1.45 billion.
How much is 1 HTX DAO worth in naira today?
About ₦0.002252 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.00000163. The naira price moves with both HTX's US-dollar price and the USDT/NGN rate; use our HTX DAO in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.