FCA Launches Legal Action Against Crypto Exchange HTX
The UK’s Financial Conduct Authority (FCA) has filed a civil lawsuit against HTX, formerly known as Huobi, for allegedly promoting crypto-asset services to UK consumers without proper authorisation. The case, reported by Reuters, marks one of the most prominent enforcement actions under the UK’s expanded financial promotions regime for cryptoassets. According to the FCA, the […]
UK to Require Crypto Platforms to Collect User & Transaction Data from 2026
From 1 January 2026, providers of cryptoasset services in the UK will legally need to collect detailed information about their users and their transactions, under new rules aligned with the OECD’s Cryptoasset Reporting Framework (CARF). What Information Must Be Collected The rules specify that crypto firms must gather data for both individual and entity users. […]