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EU adds HTX to Russia sanctions but stops short of the UK’s asset freeze
Jul 25, 2026
< 1 min read
by Micah Abiodun
for CryptoPolitan
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AI Overview
On July 23 the European Council adopted its 21st package of restrictive measures against Russia and on Friday published a decision listing crypto exchange HTX (formerly Huobi) among 18 non EU crypto-asset and payment service providers accused of significantly frustrating EU sanctions. The designation raises regulatory and compliance risk for HTX and other CEX operators, likely constraining cross border liquidity, fundraising and token flows, increasing pressure on market access and adoption in Europe and potentially shifting trading into DeFi and DEX venues.
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The European Council named crypto exchange HTX, formerly Huobi, in its 21st package of restrictive measures against Russia, adopted July 23 and published Friday. The Council decision places HTX among 18 entities providing crypto-asset or payment services from outside the Union that officials say are significantly frustrating the purpose of the bloc’s prohibitions. The stated...
