One wave subsides, another rises? The UK has also taken action against Sun's HTX. The UK Treasury, citing "support for Russia evading sanctions," has added HTX (@HTX_Global) to its sanctions list, along with 17 other entities, including the issuer of the ruble-denominated stablecoin. This should be the first time a major Western jurisdiction has directly taken action against a leading centralized exchange (CEX). Previous sanctions mostly targeted coin mixers and similar devices. Go Sun! Damn you foreigners! 🫡
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