HTX▲$0.00000168 has been added to the EU’s latest Russia sanctions package, two months after the UK froze assets tied to the crypto exchange.
The European Union has barred transactions with HTX, the offshore crypto exchange linked to TRON founder Justin Sun, over allegations that it helped Russians bypass sanctions.
HTX, formerly known as Huobi, was included in the EU’s 21st sanctions package against Russia, Reuters reports. Although the move doesn’t freeze the exchange’s assets, it still blocks covered transactions involving EU companies and individuals.
The wider package extends transaction bans to 14 crypto platforms outside the bloc and adds four listings connected to the A7 cross-border payment network, which Western governments say Russia has used to move money around financial restrictions.
Read also: HTX Rotated Crypto Wallets After UK Sanctions, Analysts Say
UK Went Further
The move comes two months after the UK sanctioned Huobi Global S.A., the Panama-based company behind HTX, froze its assets and barred British firms from handling payments involving it.
UK authorities said the company had provided services linked to A7 and Garantex, a sanctioned Russia-linked exchange that shut down after Tether froze about $28 million in USDT▲$0.9991 in March 2025, though blockchain forensic firms later identified Grinex as its likely successor.
The UK later clarified that the restrictions applied to HTX itself because Huobi Global owned more than half of the exchange.
The EU package also creates a tool allowing the bloc to ban transactions with all crypto providers from a non-EU country that hosts platforms helping Russia evade sanctions, per the report.
Read more: HTX Delists Trump Family’s USD1 Stablecoin After Address Freeze
