Huobi's HTX Blacklisted by Major Exchanges Due to Sanctions Compliance
- Published:
- First detected:
Insights by Echo AI
Around May, Huobi was reportedly helping Russia evade sanctions and was subsequently sanctioned by the UK and EU. This led to major exchanges like Binance, OKX, Bitget, Bybit, etc., blacklisting or restricting trading of HTX to comply with regulations. As a result, HTX has lost many users. In June 2022, HTX's total trading volume was around $1.02 trillion, with a market share of approximately 2.15%. By August, its total trading volume had dropped to around $631 billion, a decrease of about 37%, and its market share had fallen to 1.49%.
Source coverage
16
records merged
0
0 unique
16
9 unique
0
0 unique
16 Sources
Unlock Echo Intelligence
Move beyond the public feed. Monitor breaking stories across Telegram, X, and the web — with earlier visibility, clearer context, and complete control over your sources.
- Monitor Telegram, X, and web in one place
- Add any source, from niche channels to global outlets
- Build custom feeds around events, regions, entities, or keywords
- Merge duplicate coverage into one clear, source-transparent story
- Auto-translate summaries and full articles
- Search past coverage and use AI-powered editorial tools
