HTX Leaves UK After FCA Settlement; KuCoin Exits Russia and Belarus

Cryptocurrency exchanges HTX and KuCoin announced on Thursday that they would pull out of several markets amid regulatory and sanctions-related pressures.

HTX’s departure from the United Kingdom follows a settlement with the Financial Conduct Authority. The announcement marks a retreat from the British market for the exchange.

Separately, KuCoin is halting services in Russia and Belarus. The withdrawals reflect a broader pattern of crypto exchanges leaving markets as they face enforcement action and sanctions-compliance requirements.