EU Names Justin Sun's HTX in Russia Sanctions, Two Months After UK
In brief The European Union included HTX, the crypto exchange owned and advised by billionaire Justin Sun, in the 21st package of Russia sanctions it adopted Thursday. Listed under its operator, Huobi Global SA, the...
Bitcoin 1 Minute
Here is the latest from the digital-asset markets: In brief The European Union included HTX, the crypto exchange owned and advised by billionaire Justin Sun, in the 21st package of Russia sanctions it adopted Thursday. Listed under its operator, Huobi Global SA, the exchange was placed on an EU annex of firms "significantly frustrating" its Russia sanctions, triggering a transaction ban from August 23 but no asset freeze.
The move follows the UK's May designation of HTX, which the exchange denies warrants sanctions, saying such actions lack supporting evidence.
Crypto markets are watching this development closely as investors weigh its potential impact on prices.
