The European Union broadened its Russia sanctions to include HTX, the Justin Sun‑linked crypto exchange formerly known as Huobi, labeling it among 18 crypto-related entities suspected of helping Moscow evade restrictions. The package imposes transaction bans rather than asset freezes, extends restrictions to 14 third-country crypto platforms, and signals potential future full bans on foreign crypto services that enable evasion, with the UK having moved earlier in May.

Finance· Jul 24, 2026

Facts from Wikidata (CC0). Image by Huobi Group via Wikimedia Commons (Public domain).

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Huobi· Finance · 7 sources · Jul 24, 2026Story

EU sanctions HTX over Russia links

Finance· Jul 24, 2026

Facts from Wikidata (CC0). Image by Huobi Group via Wikimedia Commons (Public domain).

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About Huobi

HTX, formerly known as Huobi, is a Seychelles-based cryptocurrency exchange. Founded in China,, HTX now has offices in Hong Kong, South Korea, Japan and the United States. In August 2018, it became a publicly listed Hong Kong company. According to Bloomberg, it is owned by cryptocurrency billionaire Justin Sun.

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Country: Seychelles
Headquarters: Beijing, Seychelles
Inception: 2013, 2023
Website: https://www.hbg.com/, https://www.huobi.com, https://www.huobi.io, https://www.huobi.vc

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