EU adds HTX exchange to Russia sanctions package with transaction ban effective late August.
Regulation & Gov ·
The European Union has added cryptocurrency platform HTX to its 21st sanctions package against Russia, with a transaction ban taking effect on August 23, 2026. EU persons and entities will be prohibited from direct or indirect dealings with HTX, joining roughly a dozen other crypto-related service providers targeted in the same package. The restrictions aim to block channels authorities believe have enabled Russian users to circumvent financial limitations, though the action focuses on transaction prohibitions rather than asset freezes. The ban increases compliance burdens and could affect HTX's liquidity and user access within Europe, though the platform may continue operating in non-EU markets.