The UK Financial Conduct Authority (FCA) and Huobi Global S.A., the operating entity of Huobi HTX, have formally reached a settlement in a lawsuit concerning illegal financial promotion, with the settlement's commitments recognized by the UK High Court. The FCA stated that Huobi HTX has withdrawn from the UK market, ceased new user registration and deposits from UK users, and is prohibited from actively soliciting UK consumers. Existing users can withdraw their remaining assets according to the arrangements. Huobi HTX stated that the settlement was amicably resolved through constructive communication between the two parties. The relevant exit and compliance restrictions had already been proactively implemented prior to the settlement. This settlement further eliminates legal uncertainties and is conducive to the platform focusing on long-term service and compliant development. Both parties confirmed that this settlement does not constitute an admission by Huobi HTX of any legal liability, violation, or misconduct. https://www.(wublock123.com)/news/uk-fca-htx-settlement-no-admission-of-liability-70957