THE BRITISH FINANCIAL CONDUCT REGULATORY AUTHORITY IS RECONCILING THE CHARGES WITH THE FIREFUL CURRENCY HTX. BUSINESS

ACCORDING TO REUTERS, ON 13 AUGUST, COURT DOCUMENTS INDICATE THAT THE BRITISH FINANCIAL CONDUCT REGULATORY AUTHORITY (FCA) IS IN THE PROCESS OF RECONCILING THE CHARGES WITH THE FIRE CURRENCY HTX. IN OCTOBER 2025, THE FCA INSTITUTED PROCEEDINGS AGAINST THE FIRE CURRENCY HTX, AND IN MARCH THIS YEAR THE PARTIES BEGAN THREE MONTHS OF RECONCILIATION CONSULTATIONS, WHICH WERE RENEWED ON 25 JUNE; THE HIGH COURT OF LONDON HAS SUSPENDED THE PROCEEDINGS AND GRANTED THE PARTIES TWO MONTHS UNTIL THE END OF AUGUST TO REACH A SETTLEMENT. THE PHRASE HTX SPOKESPERSON STATED THAT THE PLATFORM REMAINED COMMITTED TO HIGH STANDARDS OF COMPLIANCE, TRANSPARENCY AND USER PROTECTION AND WOULD CONTINUE TO WORK WITH REGULATORS TO SUPPORT THE SUSTAINABLE DEVELOPMENT OF ENCRYPTED ECOLOGY。