UK FCA “Baring its Teeth” in Enforcement Action Againts HTX Crypto Exchange, Formerly Huobi
The UK Financial Conduct Authority initiated enforcement action against HTX crypto exchange over alleged sanctions violations related to Russian activity. HTX, formerly known as Huobi and controlled by Justin Sun since 2022, faced these regulatory sanctions allegations in May.
Read full story →Donald Trump expected to meet with crypto executives at White House next week
Donald Trump is expected to meet with crypto executives at the White House next week. The meeting may influence regulatory frameworks for digital assets and prediction market sectors.
Justin Sun Addresses Binance HTX Blacklist: Are Your Funds Actually Affected?
Binance implemented HTX restrictions affecting users in the UK and EU, according to Justin Sun's statement. Binance's official notice did not specify which countries were impacted by the blacklist.
Blockchain Firm Figure Reports Q2 Results
Figure Technology Solutions reported second quarter net revenue of $226 million, a 113% increase from the prior year. The company's consumer loan marketplace processed $4.3 billion in volume during the quarter.