The supplied current report says HTX, formerly Huobi, reached a settlement with the UK Financial Conduct Authority under which HTX gave a UK High Court-backed commitment not knowingly to promote cryptoasset services unlawfully to UK consumers, either directly or indirectly. The same report says UK users can no longer make deposits and new UK users cannot register, while the settlement does not imply any admission of wrongdoing.

What the reported FCA-HTX settlement requires

The current report says HTX agreed not knowingly to promote cryptoasset services to UK consumers unlawfully, whether directly or indirectly. Based on the facts provided, this is the central requirement readers can rely on: the reported settlement concerns UK-facing financial promotions, rather than an expressly stated blanket ban on every HTX service.

The same report says the FCA lawsuit was filed in October 2025 over alleged breaches of financial-promotion rules, and that the settlement does not mean HTX admitted wrongdoing or illegal activity. Separately, an FCA search-result snippet for a February 2026 press release says the regulator began proceedings on 21 October 2025 and that the High Court permitted service outside the jurisdiction by alternative means on 4 February 2026. This places the reported settlement in the context of an enforcement case, rather than a licensing or approval process.

Why the restriction goes beyond marketing to new users

The reported wording matters because it covers both direct and indirect promotion to UK consumers. Even without the full court text, this suggests a broader compliance concern than simply whether HTX can open new accounts for UK users.

An FCA search-result snippet from its February 2026 press release helps explain why. It says that after HTX restricted registrations by new UK customers, existing UK users could still log in and access content the FCA regarded as unlawful financial promotions. In practical terms, the regulatory concern was not limited to onboarding; it also extended to continued promotional exposure for users already on the platform.

What the report says about HTX services for UK users

The available report provides a partial answer on current UK access. It says UK users can no longer make deposits and new UK users cannot register, clearly indicating a material pullback from the UK market.

That alone does not prove that every UK-facing function has stopped. The supplied evidence does not show whether existing UK users can still withdraw, trade, access custody services, or use other account features. The narrow conclusion supported by the evidence is therefore that HTX’s UK onboarding and inbound funding appear restricted, while a full shutdown of UK services has not been established.