UK adds HTX to sanctions list

Odaily reported that the UK government has imposed sanctions on Huobi Global S.A. (now renamed HTX). The UK government stated that there are reasonable grounds to suspect HTX of facilitating or supporting the Russian government by providing financial services, funds, economic resources, goods, or technology to A7 LIMITED LIABILITY COMPANY, a company operating in industries of strategic significance to the Russian government.

This action also sanctioned entities such as Garantex Europe OU, Aifory Pro, and Arvix LLC, targeting cryptocurrency exchanges, banks, and companies linked to Russia’s sanctions evasion efforts. (theblock)