UK Financial Regulator Files Lawsuit Against HTX Crypto Exchange Over Illegal Digital Asset Promotions

The United Kingdom financial regulatory authority has initiated legal proceedings against cryptocurrency exchange HTX for unlawful promotion of digital assets. The regulatory body alleges that HTX violated UK financial promotion rules by marketing crypto investments without proper authorization. This legal action represents the latest regulatory crackdown on cryptocurrency exchanges operating in the UK market. The case highlights increasing regulatory scrutiny facing crypto businesses regarding compliance with local financial promotion regulations and investor protection standards.