EU adds HTX exchange to Russian sanctions list as one of 18 crypto and payment entities
BRUSSELS, July 26. The European Union placed HTX, a cryptocurrency exchange already under United Kingdom sanctions, on a new list of 18 entities cited for offering crypto-asset or payment services in defiance of EU restrictions on Russia.
Key takeaways
- The European Union added HTX to a new list of 18 entities cited for offering crypto-asset or payment services in defiance of EU restrictions on Russia.
- HTX was already under United Kingdom sanctions before the EU took action.
- All 18 organizations on the EU list were identified as providing crypto-assets services or payment services in violation of the bloc's existing Russia-related measures.
- HTX now carries sanctions from two Western authorities, giving it dual-jurisdiction exposure.
- The EU list spans organizations across the crypto-asset and payment services sectors.
BRUSSELS, July 26. The European Union placed HTX, a cryptocurrency exchange already under United Kingdom sanctions, on a new list of 18 entities cited for offering crypto-asset or payment services in defiance of EU restrictions on Russia.
The EU designation
EU authorities identified all 18 organizations on the list as entities providing "crypto-assets services or payment services" in violation of the bloc's existing Russia-related measures, the release shows. The UK had sanctioned HTX before the EU acted.
Dual-jurisdiction exposure
HTX now carries sanctions from two Western authorities. The EU list covers organizations across the crypto-asset and payment services sectors, placing the exchange alongside 17 other entities the bloc says have operated in defiance of its Russia restrictions.