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After reading the Bloomberg news, I inquired about the UK government's sanctions against HTX. It seems that all cryptocurrency exchanges wanting to operate in the UK market, and those already licensed in the UK, are required to cooperate with this action. OKX was the first to issue a statement.

Bloomberg
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Cryptocurrency firm HTX has been sanctioned by the UK government, who allege that the exchange was part of “infrastructure” used by Russia to circumvent sanctions and allegedly move $1.5 billion back to the Kremlin. https://bloomberg.com/news/articles/2026-05-26/crypto-firm-htx-sanctioned-by-uk-for-helping-kremlin-move-money?taid=6a15bb5242698e0001d2b9d6&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter…

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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