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Regulation
Crypto Exchange HTX Agrees to Exit UK Market in FCA Settlement
(2 hours ago) · 2 sources · Summarized by CryptoBipto
HTX, a cryptocurrency exchange, has reached a settlement with the UK's Financial Conduct Authority (FCA) to cease operations in the United Kingdom. The agreement means HTX will withdraw from the UK market as part of the regulatory resolution.
WHY IT MATTERS
When a country's financial regulator tells a crypto exchange to stop operating there, it directly affects people in that country who use the platform.
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SOURCES
- bitcoinmagazine.com
- coindesk.com
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