EU sanctions HTX over Russia links
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 · 7 sources · Jul 24, 2026Read itThe journal
Open the journal →The conversation starts in the journal — be the first to post.
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.
Everything about Huobi →- 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