HTX has reached constructive communication with the UK Financial Conduct Authority (FCA), and the related litigation has been properly resolved.

On October 29, Huobi HTX announced that a lawsuit previously filed by the UK's Financial Conduct Authority (FCA) against the exchange has been successfully resolved following a period of constructive communication between both parties.

Huobi HTX has consistently shown sincere cooperation with the FCA, actively collaborating and positively responding to the regulator's concerns regarding the UK market. Throughout this period, guided by its commitment to continuous compliance, Huobi HTX progressively strengthened restrictions related to the UK market and withdrawal arrangements, while implementing corresponding operational measures.

These measures were already implemented well before this settlement was reached. The current settlement further solidifies the aforementioned measures and does not constitute an admission by Huobi HTX of any legal liability, misconduct, or regulatory violations.

The settlement eliminates relevant legal uncertainties and aligns with the exchange's commitment to continuously elevating its compliance standards. This enables Huobi HTX to focus on what matters most: delivering high-value services to users and achieving long-term sustainable growth.

Huobi HTX thanks all parties for their professional cooperation in appropriately resolving this matter, and will continue to focus on serving users responsibly. Looking ahead, Huobi HTX is committed to engaging in constructive collaboration with all industry stakeholders, including partnering with regulators when appropriate, to jointly safeguard user interests and promote the healthy development of the digital asset ecosystem.