UK just sanctioned the HTX/Huobi crypto exchange https://www.reuters.com/world/uk-targets-russian-crypto-networks-latest-sanctions-2026-05-26/

this comes after the FCA suing them for noncompliant financial marketing (which is the FCA's whole deal) https://www.fca.org.uk/news/statements/htx-huobi-legal-proceedings

i am told what's actually happening is the SEC doesn't do shit these days and the FCA is disconcerted to find itself relatively active, so they're going for it