European Union authorities have added cryptocurrency exchange HTX to a new sanctions package aimed at Russia over the war in Ukraine. The move places the platform, formerly known as Huobi Global, among entities the EU says have been involved in activity that runs against its existing restrictions.
According to the announcement, HTX was included on a list of 18 entities identified as providing crypto-asset or payment services in defiance of EU measures. The decision highlights how regulators are paying closer attention to digital asset platforms that could be used to bypass financial pressure imposed on Moscow.
The latest action also adds to existing scrutiny around HTX, which had already been sanctioned by the United Kingdom. By naming the exchange in its latest package, the EU is signaling that crypto services remain part of its wider enforcement efforts against sanction evasion.
The designation shows how sanctions policy is increasingly reaching beyond banks and traditional payment networks. As the EU expands its restrictions, crypto exchanges and related service providers are facing greater regulatory and political risk when their operations are seen as intersecting with Russia-linked financial activity.
