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PropMarketCapFRESHRegulation

FCA pushes HTX out of the UK: advertising ban until 2031

HTX (a crypto exchange formerly known as Huobi) has agreed to stop attracting clients from the UK. The commitments were formalized through the High Court of London and are valid until October 21, 2031.

PropMarketCapFRESHRegulation

FCA secures High Court ban on HTX advertising in the UK

The UK regulator FCA has obtained court undertakings from the HTX exchange (formerly Huobi): the company will not knowingly advertise crypto services to Britons in circumvention of the law. For users from the United Kingdom, the exchange is effectively closed.

PropMarketCapFRESHCurrencies, commodities and indices

Meta revenue $64.6 billion, but margin halved, and court demands $25 billion: NASDAQ shares +2%

Meta Platforms (NASDAQ: META; the company is recognized as extremist and banned in the Russian Federation) on October 21 reported revenue above forecast, but on the same day a court in New Mexico ordered it to pay $25 billion in a data privacy case. The shares reacted with a rise of about 2%, to $708.

PropMarketCapFRESHCompany

Kazakhstan takes crypto regulation to court: ban in AIFC for Coinbase, HTX and 4 exchanges

The AFSA regulator reported on October 20 that the court of the Astana International Financial Centre (AIFC) has banned six crypto platforms from providing and advertising services with digital assets without a license. The ban applies within the financial centre and is not nationwide.