Altcoins News
By Jean-Luc Maracon
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HTX is in trouble. The British regulator wants to cut off access to the crypto platform immediately.
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The Financial Conduct Authority (FCA) has ordered internet providers to block HTX by February 10, 2026.
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The FCA held a press conference on February 10 to announce substantial fines if HTX does not comply quickly.
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Internet providers are already preparing technical measures. The blocking order is moving swiftly through administrative channels.
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An emergency meeting took place on February 11, 2026, between the FCA and major British internet providers to discuss implementation details.
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Bitcoin has been fluctuating around $36,000 since the announcement, according to CoinMarketCap. No panic, but institutional investors are closely monitoring the situation.
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HTX received a formal notice on February 13, 2026, demanding a response within 14 days, failing which legal action will be taken.
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Sarah Collins, the Home Secretary, reiterated the government's commitment during a digital security conference held in London on February 14, 2026.
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The blocking of HTX could extend to other European regions closely following the UK's developments. A consensus might emerge for coordinated action against non-compliant platforms.
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The crypto industry is under increased scrutiny. Decisions made in the UK will likely influence other jurisdictions seeking effective regulatory models.
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No specific date for the effective block has been set, but the administrative process is advancing.
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The repercussions extend far beyond the UK. The European Securities and Markets Authority (ESMA) has called an extraordinary meeting for February 20, including regulators from…
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The financial implications are growing. HTX manages approximately $2.8 billion in assets, according to the latest estimates from Chainalysis, with nearly $340 million reportedly…
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