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Regulation
HTX Exits UK Market After Court Agreement With Financial Regulator
(4 hours ago) · 1 source · Summarized by CryptoBipto
HTX, the cryptocurrency exchange associated with Justin Sun, has agreed to withdraw from the UK market as part of a court deal with the Financial Conduct Authority (FCA). The arrangement raises questions about how existing UK users will access or withdraw their funds during the transition.
WHY IT MATTERS
When a crypto exchange leaves a country, it means people in that country can no longer use the platform to buy, sell, or store their cryptocurrency there.
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SOURCES
- beincrypto.com
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FCA RegulationExchange ComplianceUK Crypto MarketUser Fund Access