Bybit Distances Itself From HTX As Experts Warn Of USDT Freeze Risk
BeInCrypto
Bybit is implementing stricter checks on HTX-linked transactions following UK sanctions against the exchange operator Huobi Global S.A.Summary
Following UK sanctions on Huobi Global S.A., Bybit has warned users that transfers involving HTX-linked addresses may trigger additional anti-money laundering and compliance checks. While HTX asserts that its platform is distinct from the sanctioned entity, experts warn that the designation creates risks of asset freezes, particularly regarding USDT holdings. Industry analysts suggest that stablecoin issuers like Tether could face pressure to block assets, as compliance pipelines rapidly spread the impact of these sanctions across the global crypto ecosystem.
(Source：BeInCrypto)