The exchange htx was included in a list of 18 companies providing crypto services which the EU said helped russians evade sanctions
The exchange htx, formerly known as huobi, has found itself on a high-profile sanctions list alongside 17 other crypto-related entities. UK authorities, working in coordination with broader Western efforts including the EU, designated the exchange on May 26, 2026, for allegedly helping russia bypass international restrictions through digital asset channels.
The package targets what officials describe as a network facilitating billions in flows to sanctioned russian platforms. The exchange stands out as one of the world's largest exchanges, reporting over $3.3 trillion in trading volume last year. Authorities claim it channeled more than $1.5 billion toward russia via connections to entities like the A7 network and garantex.
This move marks a significant escalation in efforts to close crypto loopholes used for sanctions evasion. The company has addressed the designation, while the action underscores growing regulatory pressure on major platforms to prevent misuse. Compliance teams worldwide are now scrambling to update screening lists in response.